View full page at energyexch.com

 

Fed to markets: Not so fast on the end of rate hikes

From axios.com

Federal Reserve officials have watched closely as interest rates plunged the last few weeks. Apparently, they don't like what they see. Driving the news: Markets were becoming too confident in future easing, starting to price in only modest rate increases, and possible cuts next year. That has partially reversed this week after some hawkish Fed talk. Why it matters: Traders have been betting that the Fed will eventually back off its tightening campaign, but the Fed is saying "not so fast." State of play: The yield on 10-year Treasury bonds has fallen from 3.48% in mid-June to 2.61% Monday, as investors started to ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis