Is the Fed About to Slow the Pace of Tightening?

On Friday morning, the US dollar and yields were soaring.  The US Dollar Index was approaching 114.00 again and US 10-year yields were screaming at 4.335%, its highest level since June 2008!  Markets seemed as though they may have been getting a little ahead of themselves in terms of interest rate expectations.  Enter Nick Timiraos. […]

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