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Treasury yields surge as markets watch Fed officials for a shift in tone
DeItaone cites Deutsche Bank's view that Fed policymakers remain broadly hawkish and its forecast of two additional 25-basis-point rate hikes, in December and March.
TLDR
DeItaone says markets are watching Fed officials after a sharp rise in Treasury yields. The post cites Deutsche Bank's expectation of two additional 25-basis-point hikes in December and March. It says a tighter labor market, persistent underlying inflation or stronger AI-driven investment demand could put an October hike back in play.
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