Photographer: Jin Lee/Bloomberg

Bond Traders Skeptical on Fed Rate Path Before December Minutes

Updated on
  • Derivatives market implies Fed target at about 0.9% in a year
  • Global volatility, tame inflation keeping Treasury yields low

Treasuries were little changed before Wednesday’s release of the minutes of the Federal Reserve’s December policy meeting as traders doubt officials will be able to raise interest rates as often as they envision.

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