Bond Traders Trap Fed in No-Win Situation as Rate Decision Looms

Updated on
  • Northern Trust, Western Asset doubt the Fed will act this year
  • Fed ‘beholden to what market participants say,’ Robertson says

Turmoil in Bond Market Weighs on Stocks

For all the talk that central banks have taken over financial markets, the paralysis gripping the Federal Reserve over upsetting bond traders sure makes it seem as if it’s the other way around.

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