Join institutional investors, analysts and strategists from the world's largest banks: Subscribe today for as little as $7/month
Already have an account? log in
Pushing The Envelope
Jerome Powell's uncharacteristically deft navigation of treacherous waters around the March FOMC meeting provided a spark for risk globally on Thursday, but consternation began to creep in as yields moved higher.
Treasurys led losses for global bonds as the US 10-year pushed through 1.70% and the 30-year through 2.50%, taking bunds and gilts along for the ride. The market met "the new Fed" (as some were characterizing the situation) on Wednesday, where that means the Committee's "show me" attit
