#News The bond market is helping resolve the Fed's interest rate dilemma.

The bond market may be doing the Fed’s work for it.
The central bank is looking to hold rates steady in the face of the conflict in Iran, which has sent oil prices spiking more than 50% and raised expectations of higher inflation in the next few months.
Meanwhile, markets have already priced in a rate hike. In the first month of the war, global short- and long-term government bond yields have risen significantly, as bond markets have been repricing them to reflect the rapidly changing outlook for higher inflation.