‘Follow the Fed’ Rally May Soon Fizzle Across Bond Markets
Jerome Powell, chairman of the U.S. Federal Reserve, listens during a Fed Listens event on “Perspectives on Maximum Employment and Price Stability” at the Federal Reserve in Washington, D.C., U.S.(Photographer: Zach Gibson/Bloomberg)

‘Follow the Fed’ Rally May Soon Fizzle Across Bond Markets

(Bloomberg) -- A breakneck rally across bond markets may slow as traders come to grips with the notion that the Federal Reserve’s support isn’t unconditional.
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