BlackRock, Western Asset Split Over Fed Path as Treasuries Fall

Updated on
  • U.S. yields near lowest since 2012 as traders see Fed on hold
  • BlackRock’s Rieder sees hike ‘as early as this summer or fall’

The One Thing the Fed Should Say, but Doesn't

Two of the world’s largest asset managers are split in their views of the Federal Reserve’s likely interest-rate path as officials take part in a two-day policy meeting.

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