Fed’s Not Quite Done: Macro Matters
If Bloomberg Economics is right at the Federal Reserve hikes to 5%, the two-year Treasury yield should be near 4% and the Treasury yield curve would be more inverted, notes Bloomberg Intelligence.
In this Macro Matters edition of the FICC Focus Podcast, host and BI Chief US Interest Rate Strategist Ira Jersey is joined by Anna Wong, Chief US Economist for Bloomberg Economics and Angelo Manolatos, BI US and Canadian Rates Strategist. Wong discusses why she thinks the Federal Reserve wasn’t as dovish as the market thought, and why additional interest rate hikes may be in the cards even after a…
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