3 ms·
5+% US treasuries can quickly shift the calculus for USD holdings. And lack of “real” money in the system cascades quickly.
by koolba 4y ago
5+% US treasuries can quickly shift the calculus for USD holdings. And lack of “real” money in the system cascades quickly.
- ForHackernews 4y agoAs they say, it's only once the tide goes out that you discover who's been swimming naked.
- dragontamer 4y agoGiven all the economic data + extremely hawkish comments from Powell yesterday/today, it looks like we're going even higher than expected this year. FFR futures are expecting a +0.50% increase for the March 22nd meeting.