Rate Hikes Without Supporting Data?

The Federal Reserve is talking about raising interest rates, but it’s also lowering growth expectations. No wonder the market’s uninspired to do much of anything at the moment. The benchmark 10-year yield was unchanged last week at 2.32%, based on Treasury.gov data. That’s still moderately elevated vs. the below-2% levels at various points in recent […] View the full post at: Rate Hikes Without Supporting Data? Related posts: Second Stimulus Speculation Submarining Bonds and Supporting Gold Fed Keeps Key Rate Unchanged Fed Maintains Fed Funds Rate Unchanged