Bond Traders Go All-In on US Recession Bets That Defy Fed View
Written by Black Hot Fire Network on March 25, 2023
Bond investors are piling into wagers that a US recession is around the corner amid a growing dissonance between how markets and the Federal Reserve see the outlook for the economy.
The gap is particularly evident in the yield curve — a closely watched corner of the $24 trillion market — which is headed for its steepest monthly increase . . .
