01
May
A drop in Fed QT could reverse the trend
The USD bond market (-2%) will undoubtedly end the month with one of its worst performances since 2022, due to the contrary trend in inflation and the contraction in Fed rate cut expectations. Consensus now expects only a 50bp adjustment to December Fed funds (5.04%), whereas (...)
To make sure you don’t miss any of our publications and have access to exclusive research, don’t hesitate to click on the button below to join our Newsletter!
