The DC Today - Thursday, June 15, 2023
Markets rallied some more today as bond yields dropped further even though the curve inverted more (as long-dated yields dropped more than short-dated).
The Dividend Cafe · The Bahnsen Group
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Show Notes
Today's Post - https://bahnsen.co/42KWXyW
Markets rallied some more today as bond yields dropped further even though the curve inverted more (as long-dated yields dropped more than short-dated). The odds for a hike at the next meeting (which is six weeks away, I should point out) moved to 67% for a 25-basis point hike and 33% for no move again. Odds are evenly split that by the end of the year we will either be at the current level or lower, versus a further hike.
Links mentioned in this episode: TheDCToday.com DividendCafe.com TheBahnsenGroup.com