Rabo: Last Week’s Volatility Is A Sign That Fed Tightening Could Be Over Before It Even Began


Source: nationandstate.com nationandstate.com

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You Are Free TV Rabo: Last Week’s Volatility Is A Sign That Fed Tightening Could Be Over Before It Even Began Rabo: Last Week’s Volatility Is A Sign That Fed Tightening Could Be Over Before It Even Began By Michael Every of Rabobank Policy Error(s) and Zeitgeist Last week, or at least post the Fed-meeting, was wild. 2-year US Treasury yields spiked as 10 and 30-years tumbled (the latter to below 2%), dramatically flattening the curve; the dollar leaped; commodities and gold slumped; and equities just about held on. Even given the possibility the US long-end reflects the Fed buying...