A number of Fed officials have signaled that a rate increase as soon as mid-March is on the table. Yields on short-term Treasurys that are highly sensitive to the Fed’s outlook have risen this week as investors hedged against the risk of an imminent rate increase. Fed-funds futures, used by investors to bet on the Fed’s policy outlook, showed late Tuesday 62% chances of a rate increase by the Fed’s March 14-15 meeting, up sharply from 31% Monday, according to CME Group Inc.
People, I ask you yet again: Who, just who, could've seen such a thing coming?
Submitted March 01, 2017 at 11:54AM by TheRealAntacular http://ift.tt/2mtQqJC
