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Bond market pushes recession trades as Fed hawks take flight
Bond traders are girding for the risk that Federal Reserve Chair Jerome Powell is ready, willing and able to plunge the U.S. into recession to get the inflation bogey under control.
Yields on long-dated Treasuries dove in the wake of…
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Fed rate increase reaction – higher borrowing costs coming?
Michele Raneri, vice president of US research and consulting at TransUnion, said the greatest impact to borrowers of continued rate hikes would be seen in the mortgage market.
She said: “When interest rates rise, consumers who may otherwise…
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