WASHINGTON—Dallas Fed President Robert Kaplan said he could be convinced by arguments to cut rates based on signals coming from bond markets, even though he hadn’t penciled in any rate cuts this year at the central bank’s June policy meeting. Bond yields have tumbled over the last two months, a sign investors expect poorer economic growth and potential rate cuts from the Fed and other central banks. Long-term...

Source: Wall Street Journal July 16, 2019 16:13 UTC