The big part of the move today is driven by the view that the Fed will likely go more than what the market had thought.
The big part of the move today is driven by the view that the Fed will likely go more than what the market had thought.
The new contract would be more useful for hedging purposes.
I don't think this sheds a whole lot of new light on where the Fed is headed. Over the next several months, we retain our bearish bias and expect yields to grind higher.
© 2020 Inspirational Stories
© 2020 Inspirational Stories