Stocks, Bonds, Bullion And Bitcoin All Blasted Amid Broadbased Selling
February 09, 2023 at 16:10 PM EST
Unlike yesterday, when a triple whammy of Fed speakers (Williams, Kashkari, and Waller) all sung from the same hawkish hymn-sheet, saying there is ‘more work to do’, ‘higher for longer’, ‘no rate cuts this year’ and pushed terminal rate hike expectations for July to a new cycle high of 5.18%, today the hawkish Fed rhetoric […] Source