Wall Street traders were waiting for a signal from Jerome Powell to keep a rally going, and they got it when the Fed chair struck a dovish tone during his speech in Jackson Hole. This led to a surge in stocks and bonds, with Treasuries rallying and the S&P 500 Index rebounding from a five-day slide. Now futures traders are pricing in a September rate cut. Meghan Swiber, Bank of America senior US rates strategist, and Tony Rodriguez, Nuvee head of fixed income strategy, react on "Bloomberg Real Yield."
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