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Now that the Fed no longer has its thumb on the scale

Started by forex4you, Mar 22, 2022, 04:32 am

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forex4you

Mar 22, 2022, 04:32 am
Now that the Fed no longer has its thumb on the scale

The talk about 50 basis points from Fed chairman Jerome Powell along with the 7% jump in oil prices absolutely crushed bonds today, in what had started as a fairly quiet day.
Here's a look a the wreckage:

    2s +18 bps to 2.13%
    5s +19.5 bps to 2.33%
    10s +17 bps to 2.32%
    30s +13 bps to

Source: Now that the Fed no longer has its thumb on the scale

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