U.S. Bond Markets · The U.S. yield curve continued steepening last week, continuing a trend started at the most-recent FOMC meeting, but the Fed remains in problem territory (Charts 1 & 2). Money markets are not expecting further tightening so at best
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The Weekly Beat: 2 January 2023
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U.S. Bond Markets · The U.S. yield curve continued steepening last week, continuing a trend started at the most-recent FOMC meeting, but the Fed remains in problem territory (Charts 1 & 2). Money markets are not expecting further tightening so at best