Keeping Up With The Kardashians

Keeping Up With The Kardashians

Global equities were mixed and US stocks looked poised to build on gains as traders and investors (two distinct groups of market participants, I remind you) await a Fed meeting that should be a nonevent. 10-year yields have generally declined on FOMC days this year, but as mentioned Tuesday afternoon, Jerome Powell has limited avenues down which he can drive to deliver a dovish surprise assuming the Fed doesn't intend to roll out more explicit, outcome-based forward guidance or tweak the maturi
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