Fed funds futures are pricing in a near certainty of a rate hike at next week’s FOMC meeting, although you wouldn’t know it by looking at the 10-year Treasury yield, which has been sinking like a stone in recent weeks.
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Fed funds futures are pricing in a near certainty of a rate hike at next week’s FOMC meeting, although you wouldn’t know it by looking at the 10-year Treasury yield, which has been sinking like a stone in recent weeks.
Continue reading