U.S. Treasuries are Heading for Their Biggest Monthly Loss Since June 2015

Treasury securities traders are beginning to fear a Federal Reserve rate hike later this year.

Take note Austrian-lites,

There is no chance the Fed is going to reverse the December 2015 rate hike anytime soon. Holding the view that a near-term plunge to negative rates in the U.S. is likely is the height of confusion about the current state of the economy and how the Federal Reserve operates.

-RW