Bank of America says the Fed will cut interest rates next year. Here’s what will happen to Treasurys.

All eyes will be on the Federal Reserve on Wednesday. The central bank is widely expected to continue the rapid pace of monetary policy tightening with a further 75 basis point increase in borrowing costs. But even before it was confirmed that inflation had peaked, the market began pricing in interest opportunities cuts Next year …

Bank of America says the Fed will cut interest rates next year. Here’s what will happen to Treasurys. Read More »