Recession risk looms large as bond markets price in steeper rate hikes globally
Recession risk looms large as bond markets price in steeper rate hikes globally
9/3/2023 7:05

Forget about interest-rate cuts. The bond market is now pricing in a steeper path for monetary tightening by central banks around the world, raising the danger of recessions as policymakers struggle to bring inflation under control.

Source: Bloomberg

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