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Bond Danger Builds With Fed Set to Break From Its Cautious Past

  • Half-point rate hikes now seen at next four Fed meetings
  • Latest bout of selling deepens record losses from Treasuries
Bloomberg business news
Citi's Bailin: Bonds Are Back

The bond market, St. Louis Fed President James Bullard said on Thursday, “is not looking like a very safe place to be.” Few investors would argue with that -- except, perhaps, to call it an understatement. 

New waves of selling engulfed the Treasury market over the past week, roiling investors and analysts who’ve been trying to predict just how high yields will go.