Thursday, August 13, 2015

Bond Market Says Chinese Yuan Won't Stop the Fed From Moving

Bond Market Says Chinese Yuan Won't Stop the Fed From Moving Bloomberg The bond market is saying China's decision to devalue the yuan won't stop the Federal Reserve from raising interest rates. Futures contracts show traders see a 73 percent chance the central bank will increase borrowing costs by year-end, up from 71 ... and more »...(read more)
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