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Stocks & Bonds Tumble As Market Prices In 2022 Rate ‘Liftoff’

Courtesy of ZeroHedge View original post here.

Argue all you like that "tapering is not tightening" or that "the taper and rate cycle are not connected", but the market says otherwise and is starting to price in a rate liftoff by the end of 2022…

And furthermore, the rates market is beginning to catch up to The Fed's new dot-plot trajectory for rates…

That has sent yields higher on bonds…

And reversed gains in stocks…

Taper matters…


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