Traders Raise Bets On June Interest Rate Hike As Fed Officials Hints 'We Are Not There Yet': Dollar Strengthens, Treasury Yields Jump

Traders Raise Bets On June Interest Rate Hike As Fed Officials Hints 'We Are Not There Yet': Dollar Strengthens, Treasury Yields Jump

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Dallas Fed President Lorie Logan said Thursday that current data does not support a pause in interest rate hikes yet, leading market expectations for a Fed hike in June to increase again. The implied probability of a fresh rate rise by the Federal Reserve in June is close to 40% now, up…

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