Fed Hawks Send Treasuries to Worst Month Since June 2015: ChartBy and
Treasuries posted their worst month in over a year in August after Federal Reserve Chair Janet Yellen and other policy makers signaled to markets that the case to raise interest rates was strengthening. Treasuries fell 0.6 percent in August as 60 percent of traders now expect a rate hike by year-end, compared to just 36 percent at the start of the month, according to fed fund futures data.
Watch Next: Reasonable Data Will Secure a Fed Rate Hike, Says Bell
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