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Tough Fed Decisions

March 22, 2023
Overview: The market has concluded that the Fed will hike rates today. The US two-year yield has risen from about 3.63% at Monday's lows almost 4.20% yesterday. It needs to rise to 4.35% to recover half of its decline since March 8 but has come back softer today. Meanwhile, the banking crisis continues to ease, and Europe's Stoxx 600 bank …
Tough Fed Decisions Tough Fed Decisions Reviewed by Marc Chandler on March 22, 2023 Rating: 5
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