A significant meeting is taking place this week, focusing on monetary policy. The event is gaining importance due to a massive sell-off in the bond market. Market operators are largely expecting a key interest rate to be increased for the first time since 2023.

According to CME FedWatch, there is a 93% probability of an interest rate increase. Analysts believe that if the expected increase does not occur, it could accelerate the bond market sell-off.

Further details about the meeting and its potential impact are available from the source, including potential outcomes and market expectations.