Treasuries Ain’t Buying What the Fed’s Selling
While the outcome of the December FOMC meeting did not offer any big surprises, the U.S. Treasury market’s response has left some feeling a little perplexed. During this week’s episode of the Basis Points podcast, Kevin Flanagan covers the market's response and what it means as we head into the new year.
Basis Point: 1/100th of 1 percent.
The skinny
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