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Full Ease Ahead?

Feb.28 -- Traders place their bets based on expectations for what the Fed will do, not should do. And they’ve made up their minds that the central bank has no choice but to ease policy — definitely by its April meeting and quite possibly in March. Headlines like “Bank of America Says World Economy Weakest Since 2009” only add to their case. Will Fed officials stand up for themselves in the face of these massive trades and gloomy outlooks? History suggests otherwise. Bloomberg's Jonathan Ferro sat down with SocGen's Subadra Rajappa, Crossmark's Victoria Fernandez and Mike Schumacher of Wells Fargo to discuss the global bond market and how central banks should react to the coronvirus.