FAST FIVE: Market Initially Shrugs At Hawkish Fed Minutes
Market Initially Shrugs At Hawkish Fed Minutes If The Fed Minutes dropped in the woods, and nobody reacted, did anything actually happen.
Source: Bloomberg The long bond followed as similar path, with yields initially falling only to return to the scene of the crime.
Source: Bloomberg Stocks dropped and then popped back but are barely moving for now.
Source: Bloomberg And even the fed funds market only dripped a tick or two more dovish.
Source: Bloomberg Tyler Durden Wed, 10/09/2019 – 14:25 Tags Business Finance.