Bond Traders Shift Focus to Fed as Trump Muddies Tariff View

  • As Treasuries steady from rout, options show little conviction
  • Trader focus will shift to Fed meeting, inflation reading

The US Federal Reserve is widely expected to hold interest rates steady.

Photographer: Al Drago/Bloomberg
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In the bond market, Donald Trump’s first week, at least, turned out far less destabilizing than feared. Traders hope the same goes for the latest shift from the Federal Reserve.

The US central bank is widely expected to hold interest rates steady at the end of its two-day meeting on Wednesday, marking the first pause in the rate-cutting cycle it kicked off in September.