Bond Traders Reduce Fed Rate Cut Bets After March CPI

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Published: 5 hours ago

Bond traders scaled back expectations for Federal Reserve rate cuts this year following March inflation data that showed accelerating price pressures, driven by higher gasoline costs amid Iran conflict. USD strength likely as reduced rate cut expectations support the dollar against major currencies, particularly affecting EUR/USD and GBP/USD pairs as yield differentials widen in favor of US assets.

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