(Reuters) - Since economists expect the Fed to leave interest rates on hold at 5.25 percent on Wednesday, the traders will focus on what hints it will provide about the possibility for lower borrowing costs in the future given recent news of slowing inflation and economic growth.
Dealers said they expected the market to drift this week between the higher and lower end of its recent range. Any Fed acknowledgment of economic weakness should support bond prices but supply will weigh on them.
Read more at Reuters.com Bonds News
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