Previous![Yellen: We have not seen an impact on the Treasury market from the ICBC attack]( "Yellen: We have not seen an impact on the Treasury market from the ICBC attack")
Yellen: We have not seen an impact on the Treasury market from the ICBC attack
Yellen: We have not seen an impact on the Treasury market from the ICBC attackNext![Japanese yen nears 33-year low as Powell signals continued rate hikes By Investing.com]( "Japanese yen nears 33-year low as Powell signals continued rate hikes By Investing.com")
Japanese yen nears 33-year low as Powell signals continued rate hikes By Investing.com
Japanese yen nears 33-year low as Powell signals continued rate hikes By Investing.com
Here is a great chart snapshot from BMO showing how Fed pricing has changed in the past year. Most of 2023 involved the market buying into the idea of higher-for-longer Fed funds but since October 18, there has been a fresh attempt to price in rate cuts, despite ongoing hawkish Fed rhetoric. That came after a series of softer US economic data points, including the ISM survey and non-farm payrolls.
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