Short-term rates are freaking out. 2-year yields are rising based on the expectation of a tightening bias by global central bankers.
The market should gain greater clarity on central bank intentions soon. Both the Fed and the BoE will announce their interest rate decisions this week and the BLS will report Non-Farm Payroll Friday.
The full post can be found here.
Hawkish expectations
November 01, 2021 at 14:00 PM EDT