17th June 2021

  • Fed Sees Two Rate Hikes by End of 2023, Inches Towards Taper

Thirteen of 18 officials see at least one rate hike in 2023

Powell says Fed to begin discussing scaling back bond buying

https://blinks.bloomberg.com/news/stories/QUT9ZST0G1KW

  • Treasuries Slump on Hawkish Fed Surprise as Inflation Angst Ebbs

Five-year notes lead declines as yield curve flattens

Market-based measures of inflation expectations tumble

https://blinks.bloomberg.com/news/stories/QUTHZXT0G1KZ

  • Fed Tinkers With Tools to Defend Floor From Market Awash in Cash

RRP rate raised to 0.05%; target range for fed funds unchanged

Adjustment should help bolster the central bank’s 0% floor

https://blinks.bloomberg.com/news/stories/QUT6G7T1UM12

  • Treasury Reaction to Fed’s Hawkish Turn Was Limited, Mizuho Says

https://blinks.bloomberg.com/news/stories/QUTE2YT0AFBF

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