(Reuters) - Futures continue to imply the U.S. central bank will hold its overnight lending rate at 5.25 percent well into the third quarter and make just a single rate cut by year-end.
"The key employment components in the April data were unusually close to consensus, and are apt to kill volatility for the next few sessions," said Alan Ruskin, chief international strategist with Greenwich Capital Markets in Greenwich, Connecticut.
Read more at Reuters.com Bonds News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment