Bond Market Rattled as Fed Revives Bets on 2015 Rate Increase

Updated on
  • Probability nears 50% for central bank's Dec. 2015 meeting
  • Likelihood had been about 37% before Wednesday announcement

Fed Revives Forward Guidance With 'Next Meeting'

It just got a lot tougher for bond traders to rule out a Federal Reserve interest-rate increase in 2015.

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