Traders in the US$31 trillion Treasuries market fully priced in a Federal Reserve interest-rate hike by the end of this year. Read more here

Traders in the US$31 trillion Treasuries market fully priced in a Federal Reserve interest-rate hike by the end of this year. Read more here

Following an unexpectedly hot jobs report, prediction market traders see a 52% chance the Federal Reserve increases interest rates this year.

May payrolls surged to 172,000, doubling forecasts and sending Treasury yields sharply higher as traders price in a Fed rate hike by year-end.