

Fed rate hikes could climb further than markets expect, according to T. Rowe Price Capital Markets Strategist Tim Murray.


Yields and rates continue to climb, as debt markets contend with growing risk and huge capex by the AI hyperscalers. That has impacted bond values, and started to increase attention and flows to short-term bond offerings.

T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX - Get Free Report) reached a new 52-week low during mid-day trading on Thursday. The stock traded as low as $49.56 and last traded at $49.57, with a volume of 263468 shares. The stock had previously closed at $49.59. T. Rowe Price Ultra Short-Term Bond ETF Stock

During a recent appearance on Yahoo Finance, I highlighted that flows into fixed income ETFs have already shattered previous records in 2026. And there are more than three months left in the year.

The Fed meeting has begun amid significant anticipation of a rate hike. Yields are rising, inflation is stubborn, debt is up, and geopolitical economic pressure continues to grow.


Bond markets around the world have trembled in the last week, as uncertainty continues to rise. A mix of geopolitical, trade, debt, and currency pressures have put immense pressure on yields.