16th June 2022

  • Fed Hikes 75 Basis Points; Powell Says 75 or 50 Likely in July

Kansas City’s George dissents; favored half-point raise

FOMC cuts 2022 GDP outlook; raises jobless-rate estimate

https://blinks.bloomberg.com/news/stories/RDJJYAT0G1L1

  • Bond Market Losses Just Beginning as Fed Sets Path to 4% Yields

Key Treasury yields, Fed rate tend to peak at similar levels

Despite relief rally, expectations marked up on where Fed ends

https://blinks.bloomberg.com/news/stories/RDJSH0T1UM0W

  • Powell Sets Path to Restrain Economy and Stop Runaway Inflation

Suggests avoiding recession may be outside of Fed’s control

Fed chair: overarching message is commitment to cool prices

https://blinks.bloomberg.com/news/stories/RDJJ4DT1UM0W

  • T. Rowe Says Buy Bonds Now at ‘Most Attractive Point’ in Years

Duration management, yield curve positioning key tools in rout

Firm’s CIO Arif Husain warns ‘threat of recession is real’

https://blinks.bloomberg.com/news/stories/RD83CSDWRGG4

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