Traders work during the first day of trading for Spotify Technology SA on the floor of the New York Stock Exchange (NYSE) in New York, U.S. (Photographer: Michael Nagle/Bloomberg)

Bond Traders, Spooked by Tumult in Stocks, Doubt Fed's Rate Path

(Bloomberg) -- The bond market is losing confidence in the Federal Reserve’s policy tightening projections after a punishing stretch for U.S. stocks.