US bond market avoids big rate bets as inflation dims Fed outlook
The US bond market is a place where people buy and sell government bonds. These bonds are like loans to the government. When the government borrows money, it promises to pay back the loan with some extra money added. The interest rate is the extra money the government pays. If the interest rate goes up, it's more expensive for the government to borrow money. The US Federal Reserve is a group that helps control the interest rate. It looks at inflation, which is when prices for things like food an
