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Bond Traders Bet on a CPI Surge That Bolsters Case for Fed Pivot

Bond Traders Bet on a CPI Surge That Bolsters Case for Fed Pivot
Key Points

Prospective buyers arrive during an open house in Rancho Cucamonga, California, US, on Saturday, May 9, 2026. Mortgage rates in the US jumped for the second straight week, a rise in borrowing costs that threatens to stall the spring home sales season.

Prospective buyers arrive during an open house in Rancho Cucamonga, California, US, on Saturday, May 9, 2026. Mortgage rates in the US jumped for the second straight week, a rise in borrowing costs that threatens to stall the spring home sales season.
Rancho Cucamonga (LOCATION) California (LOCATION) US (LOCATION)
Originally published by Bloomberg Markets Read original →