State Street Bets on Fed 'Dramatically' Cutting Rates Next Year
(Bloomberg) -- State Street Global Advisors is betting against the higher-for-longer mantra sweeping across global bond markets.Most Read from BloombergWhy a US Recession Is Still Likely — and Coming SoonKey Taiwan Tech Firms Helping Huawei With China Chip PlantsAirbnb Is Fundamentally Broken, Its CEO Says. He Plans to Fix It.JPMorgan’s Dimon Predicts 3.5-Day Work Week for Next Generation Thanks to AI Stock, Bond Drop Deepens After Jobs Data Surprise: Markets WrapThe Wall Street giant is wagerin