Traders currently see a 77% chance of a 25-basis-point increase at the meeting, while expectations for no rate hike have fallen to 23%. Early last week, a 25-bps hike was fully priced in, with a 70% chance seen of 50 bps.
US Treasury yields rose on Tuesday, a day after major declines, as investors consolidated positions andTo be sure, analysts say uncertainty remains in the financial sector. Investors worry about the health of smaller banks, the prospect ofIn the US, Senate banking committee chairman Sherrod Brown urged
Signature and three former top executives were also sued on Tuesday by shareholders who accused the bank of fraudulently claiming it was financially strong a mere three days before it was seized by a state regulator. Signature did not immediately respond to requests for comment.