stewdamus

Are the 2 and 10 year bond markets calling JPOW's bluff?

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TVC:US10Y   美国10年期国债收益
In this video I cover the divergence between the 2 and 10 year treasuries and the recent FOMC press conference language. Jerome Powell is promising one thing (continued rate increases), while the bond market seems to be claiming otherwise (Fed pause incoming). Who's right? Let's take a closer look.

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