Fed Rate-Increase Odds at 74% in Market as Pimco Sees Liftoff

Updated on
  • `Very high probability' Fed will move `at last,' Pimco says
  • U.S. Treasury set to sell five-year notes on Tuesday

The probability the Federal Reserve will raise interest rates at its next meeting in December is at 74 percent, and Pacific Investment Management Co. says a move is likely.

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