BackForward
FacebookXLinkedIn
EmailLink
Gift
Expand
Traders work on the floor of the New York Stock Exchange. Photographer: Michael Nagle/Bloomberg
FacebookXLinkedIn
EmailLink
GiftGift this article
Add us on Google
Contact us:\ Provide news feedback or report an error
Confidential tip?\ Send a tip to our reporters
Site feedback:\ Take our SurveyNew Window
FacebookXLinkedIn
EmailLink
Gift
June 5, 2026 at 8:47 AM EDT
Updated on June 5, 2026 at 10:55 AM EDT
BookmarkSave
Translate
Takeaways by Bloomberg AI
Bond traders fully priced in a Federal Reserve interest-rate hike by the end of this year after US job growth topped all forecasts in May, spurring yields higher in the $31 trillion Treasuries market.
Interest-rate swaps indicated traders expect a quarter-point increase in the US central bank’s target for the federal funds rate by the December policy meeting, with a roughly 60% chance of a move in October.
Before it's here, it's on the Bloomberg Terminal\ \ Bloomberg Terminal LEARN MORE
Top Reads
\
\
AI Is Upending One of Finance’s Cushiest Jobs\
\
by Suzanne Woolley and Vildana Hajric 
\
\
Where to Invest $10,000: Medical Tech, Software – and Vintage Mercedes\
\
by Suzanne Woolley 
\
\
Valve, the Anticorporate Hero of the Games Industry, Has Its Antitrust Moment\
\
by Austin Carr and Cecilia D'Anastasio 
\
\
SpaceX’s IPO Forces Wall Street to Reorganize Around It\
\
by Lu Wang, Bailey Lipschultz and Isabelle Lee