Bond Traders Clamoring for Answers Bet the Fed Isn’t Done Yet
- Focus turns to Powell speech at Kansas City Fed gathering
- Treasuries are coming off best week in more than two months
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The world’s biggest bond market enters a potentially pivotal week with Treasuries regaining momentum as investors brace for signals from the Federal Reserve on its next crucial policy move.
Ten-year Treasury yields are coming off their biggest weekly drop since early June. Traders are betting the Fed isn’t done with stimulus even as last week’s release of the minutes from the Fed’s July meeting raised questions over the timing of any additional support for the economy.