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Thursday, March 28, 2024

Bonds Spooked By Fed Hike Rumor

Courtesy of Tyler Durden

Bonds getting a beat down after the following rumor has circulated: 

medely report- hearing ny consultant reporting at least two fed members support raising rates next week….hearing it goes on to say fomc may launch a campaign in favour of exiting emergency policy but again the dovish members would not follow a serious intent

If this is more than a rumor it, of course, means the market rally is officially over.

 
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