BlackRock Warns Bond Traders They're Underestimating the Fed

BlackRock Warns Bond Traders They're Underestimating the Fed Bloomberg BlackRock Inc., the world's biggest money manager, is warning bond investors they're not prepared for the Federal Reserve to raise interest rates. Futures show traders see a 46 percent chance the Fed will act this year, down from 93 percent Jan. 1. A ... and more »...(read more)

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