US jobs market too hot for the Fed?
NAB Morning Call
00:00
Is There Going to Be Another 75 Basis Point Rise Next Time?
Money market pricing now closer to 75 from rather than 50. Market still persisting with the view that, you now, the fed, the more the fed is going to march rates up. But looking at the yeel curve, a wat minus forty point. The twos tens spread, which i was looking at the chart on the week end, i think its the most inverted the curve has been since tootha august two thousand.
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