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Bond Trader Bets on Fed Hike Poised for Gut Check From Jobs Data

Bond Trader Bets on Fed Hike Poised for Gut Check From Jobs Data
Key Points

Workers erect scaffolding at the site of an office tower under construction at 350 Park Avenue in New York, US, on Friday, May 15, 2026. Vornado Realty Trust's 62-story development on Park Avenue for Ken Griffin's Citadel is at risk due to New York City Mayor Zohran Mamdani's comments on a new tax proposal.

Workers erect scaffolding at the site of an office tower under construction at 350 Park Avenue in New York, US, on Friday, May 15, 2026. Vornado Realty Trust's 62-story development on Park Avenue for Ken Griffin's Citadel is at risk due to New York City Mayor Zohran Mamdani's comments on a new tax proposal.
Jobs Data Workers (ORG) Park Avenue (LOCATION) New York (LOCATION) US (LOCATION) Vornado Realty Trust's (ORG) Ken Griffin's (PERSON) Citadel (LOCATION) New York City (LOCATION) Zohran Mamdani (PERSON)
Originally published by Bloomberg Markets Read original →