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Powell Wins Over Bond Traders Dialing Back Bets on Deep Downturn

(Bloomberg) -- The bond market is finally getting in sync with Jerome Powell’s outlook for the economy.Most Read from BloombergPrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesThe Wagner Mutiny Foreshadows a Russian DefeatRussia Latest: Kremlin Says It Gave Prigozhin Deal to End MutinyWagner Chief Marches on Moscow in Mutiny Challenging PutinGoldman Sachs Is Cutting About 125 Managing Directors GloballyTraders have scrapped once-aggressive wagers that the Federal Reserve chief wou