Treasury Two-Year Debt Set for Worst Month Since November on Fed

Updated on
  • September rate-hike odds reach almost 40%, from 24% a week ago
  • Longer maturities rally amid month-end rebalancing move

Negative Interest Rate Cycle Holding Back the Fed

Two-year Treasury notes are on pace for their worst monthly performance since November as traders add to bets that the Federal Reserve will increase interest rates as soon as next month.

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