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Business

US bond bulls look to 2024 Fed pivot to sustain searing rally

US bond bulls look to 2024 Fed pivot to sustain searing rally

By Davide Barbuscia NEW YORK (Reuters) -As bonds emerge from a historic selloff, some investors expect better times in the U.S. fixed income market next year - as long as the Federal Reserve’s rate cuts play out as anticipated. A fourth-quarter rally saved bonds from...

Dollar sees first yearly loss since 2020

Dollar sees first yearly loss since 2020

By Karen Brettell and Samuel Indyk NEW YORK/LONDON (Reuters) -The dollar edger higher on Friday but is set to end 2023 with its first yearly loss since 2020 against the euro and a basket of currencies, on expectations the U.S. Federal Reserve will begin cutting rates...

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