(Bloomberg) — Treasury traders defy their stock market counterparts and disbelieve in Jerome Powell’s optimistic statements about growth. In the wake of Wednesday’s policy decision, one bond market indicator of economic hardship is flashing red for the first time since the darkest days of the pandemic.
This post Bond traders stunned by a Hawkish Fed sound growth alarms
was original published at “https://www.bloombergquint.com/business/bond-traders-stunned-by-a-hawkish-fed-are-sounding-growth-alarms”
