Morning Bid: Movin’ on up


Source: reuters.com reuters.com

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Feb 15 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever. Last March it burst through 3%, in September it smashed 4%, and now it is well above 5%. Is the Fed's terminal rate as implied by U.S. futures markets heading inexorably towards 6%? However unlikely or unjustified you think that scenario is, it would take a brave person to bet against it right now. Recent momentum is plain to see, and the latest U.S. inflation data released on Tuesday has further emboldened the rate hawks. What this means for Asian markets and risk appetite...