March hike seems likely ahead of Trump speech

A trader works on the floor of the New York Stock Exchange (NYSE) as a television screen displays coverage of U.S. Federal Reserve Chairman Janet Yellen shortly after the announcement that the U.S. Federal Reserve will hike interest rates, in New York. Reuters

SINGAPORE: The bond market woke up to the idea the Federal Reserve could raise interest rates in just over two weeks.

Fed chair Janet Yellen (pic) and her colleagues have been warning that every meeting is “live,” including the March 14-15 session.