What does "price in" mean

“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.

  1. to discover how much something costs
    2.to say what the price of something is
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The markets are adjusting their prices to take into account some factor. In this case they are anticipating some Fed action.

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Thank you so much Arinker.

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