Three of Fed’s Own Primary Dealers Warn Hikes on Hold Until 2017

Updated on
  • HSBC, RBC, RBS say bet against bond-market consensus
  • Fed fund futures show 71% chance of rate increase by year-end

Why Three Dealers See a Next Fed Rate Hike in 2017

Three of the Federal Reserve’s own primary dealers are warning bond traders that a growing consensus the central bank will raise interest rates by year-end is misguided.

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