December 22, 2024

Why money’s flowed into Bank of America bonds — and how a Fed pause in rate cuts may help financial firms

 Why money’s flowed into Bank of America bonds — and how a Fed pause in rate cuts may help financial firms

Why money’s flowed into Bank of America bonds — and how a Fed pause in rate cuts may help financial firms

The Federal Reserve’s expected interest-rate cut Wednesday is seen as a potential boost for the banking sector, as corporate bond investors weigh prospects for the U.S.‘s money-center banks.