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The Nexus
BUSINESSMay 31 · 19:00 UTCBLOOMBERGMichael MacKenzie, Ye Xie

Bond Trader Bets on Fed Hike Poised for Gut Check From Jobs Data

A bond trader is betting on a Federal Reserve interest rate hike, which will be tested by upcoming jobs data. Vornado Realty Trust's office tower development in New York City for Citadel faces risks due to Mayor Zohran Mamdani's proposed tax changes.

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