“The yields on two-, three- and five-year Treasury bonds perked up as money markets began to price in the prospect that the Federal Reserve would raise interest rates in 2023.” [from The Economist]
I think the word “price” acts as a verb in this sentence. From the Dictionary.Cambridge, when it acts as a verb, it means below. But neither of them fit in the above sentence. Please help explain what does “price” mean.
- to discover how much something costs
2.to say what the price of something is