Bond traders on collision course with Fed over longer-term view ...Qatar

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Bond traders on collision course with Fed over longer-term view
The wild ride that bond traders have been on is far from over as market expectations for the longer-term path of Federal Reserve monetary policy appear at odds with the central bank’s own view. Short-dated Treasury yields have alternately plunged and surged in the past few weeks as investors have tried to determine just how much the Fed will ultimately lift its benchmark and whether it might be forced to follow its tightening with a pullback if the economy starts to crater. That’s helped, ultimately, to bring short-end rates higher and put market pricing for where policy is likely to be this year close to where Fed officials themselves see it. Looking further out into 2023, though, differen

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