Reflation trades face reality with new Fed target in doubt – Bloomberg

Reflation trades face reality with new Fed target in doubt – Bloomberg

Fed Chairman Powell Holds Video Conference Following FOMC Rate Decision

Photographer: Andrew Harrer / Bloomberg

Photographer: Andrew Harrer / Bloomberg

Bets on bond market reflation that proved popular during the recovery from the March market cataclysm now face tougher odds.

Positions favoring a steeper yield curve and inflation-protected securities were boosted last week when Federal Reserve Chairman Jerome Powell announced that the central…

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