Fed Funds Glued to Stocks as September Odds Creep Back From Low
While the bond market may be ready for higher Federal Reserve interest rates, the same cant be said for stocks -- and the divergence has started to matter to speculators in financial futures.
For the last month, odds that policy makers will boost fed funds in September have been tracking fluctuations in the Standard & Poors 500 Index, bottoming in the last full week of August then making up as much as a third of the lost ground in th ...
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