Skip to content
Subscriber Only

Gross Says Fed to Raise Rates in June While Rosenberg Says 2016

Updated on

Bill Gross says the Federal Reserve will raise interest rates in June. David Rosenberg says it may not happen until next year.

It’s the biggest question in the financial markets: When will the Fed move? U.S. stocks are surging to records as benchmark borrowing costs near zero drive the hunt for returns outside government debt. Treasury 10-year note yields rose for a second day as Actavis Plc sells bonds in what may be the biggest corporate debt deal in two years.