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It’s been
3 months since the Fed first cut rates and the 10-year
Treasury yield is 86 bps higher, moving from 3.66% up to
4.52%.
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00:01 - 27/12/24
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.png)
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The
bond market is now pricing in just one 25 bps rate cut by
the Fed in all of 2025. Back in September six 25 bps rate
cuts were expected.
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A meme coin featuring a dog was not speculative
enough. So they're rotating into one about flatulence.
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Fed's
Williams: The Fed is still in a restrictive stance of policy
and is above neutral rate.
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Apparently we're all very scared
now, after falling 3.5% from all-time highs
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