Stocks and bonds are bid and the dollar is dumping as the market’s dovish reaction signals the Fed’s Minutes were not as hawkish as traders expected.
The Dollar is the biggest mover for now…
The long-end of the bond curve is modestly bid…
And stocks are up…
As market-implied expectations for the number of rate-hikes in 2018 slipped very modestly after the Minutes.
via Zero Hedge http://ift.tt/2CzkxCV Tyler Durden