May 29, 9:34 AM EDT
Media & Culture
Rate views rattle markets before Fed
By IBT Staff Reporter on 12/16/09 AT 3:24 AM
Shifting views on interest rates in 2010 whipsawed markets on Wednesday, with the Australian dollar tumbling as investors scaled back their bets on aggressive rate hikes, while U.S. Treasuries rose before the last Federal Reserve meeting this year.