0950 ET - Fixed-income investors "should stay short in the duration of their bond holdings," Regan Capital's Skyler Weinand writes as he expects the Fed to remain on hold. He says a mild April CPI reading doesn't eliminate the risk of tariffs creeping into consumer prices. "There will continue to be tremendous volatility in interest rates," he says, advising investors to "wait for what we are seeing to play out." After pricing as many as four interest rate cuts by the Fed this year, markets are now expecting two, according to CME data. Weinand says that, unless there is a recession, the Fed won't cut at all in 2025. (paulo.trevisani@wsj.com; @ptrevisani)
(END) Dow Jones Newswires
May 13, 2025 09:50 ET (13:50 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.