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Fed Vows to Battle Inflation While Investors Ramp up Recession Bets

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Investors ramp up recession bets as the Fed vows to keep battling inflation Jennifer Sor Jun 22, 2023, 12:58 PM EDT The bond market is ramping up its bet that the US will tip into a recession. The inversion between the 2- and 10-year Treasury yields widened to a full percentage point on Wednesday. That comes as the Fed vows to stay hawkish on inflation and keep rates elevated through 2023. Bond market investors are ramping up their bets of an coming recession, thanks to the central bank vowing to stay hawkish on inflation. The spread between the 2- and…

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Bank of America Says the US Could See Inflation Drop Without Recession

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