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It’s a relatively quiet session as market participants wait for directional clues in tomorrow’s CPI report and Fed meeting minutes. Bond markets remain priced for a 25bp May rate hike and ~60bp of rate cuts through January ’24.
By Jackson Square Capital, LLCIt’s a relatively quiet session as market participants wait for directional clues in tomorrow’s CPI report and Fed meeting minutes. Bond markets remain priced for a 25bp May rate hike and ~60bp of rate cuts through January ’24.