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Open original source ↗Good morning.
This week’s Federal Reserve policy meeting may well be the trickiest in years.
Ironically, it’s less about what’s happening in the economy and more about a sudden shift in rate-hike expectations, driven by thre surge in yields ... that has less to do with the Fed and more to do with the growing ex-ante imbalance between demand for bond financing and its supply.
#economy #markets #federalreserve