Bonds, Bullion Slip After Fed Sends June Rate Hike Odds Spiking To 94%

From just below 70% before to 94% now, June is on like Donkey Kong

 

No matter how shitty economic data is…

 

The reaction in asset markets is modest to say the least…

Citi: “Treasuries are only modestly weaker in the wake of the Fed, in line with the interpretation that very little was said and the big story of the day remains the lower odds of an ultra-long bond”

The Dollar Index is higher (though the siz of the move is marginal)

via http://ift.tt/2qFQuns Tyler Durden

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