Bond traders eye Fed speakers for sign of doubt

NEW YORK: Bond traders will look to key Federal Reserve speakers this week for any signs that officials are wavering from their plans to keep hiking rates gradually after US stocks suffered their worst weekly sell-off since March.

In the first quarter, the Fed looked past a tumble in the S&P 500 Index to tighten in March. Still, money-market traders have some doubts this time around, at one point last week dialing back confidence in the prospect of three rate increases next year.