Fed Rate Hikes Are Supposed to Hurt Bonds: This One Is Doing the Opposite
The Fed raised rates for the first time since 2023. A day later, the 10-year Treasury yield slipped back below 5% and the entire curve rallied.
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The Fed raised rates for the first time since 2023. A day later, the 10-year Treasury yield slipped back below 5% and the entire curve rallied.
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