Fed is reportedly considering raising interest rates by 75 bps this week
According to the Wall Street Journal, Fed policymakers are considering a 75-basis-point rate hike this week. Bond yields alluded to a more aggressive Fed, with the 10-year Treasury yield rising to 3.37 percent, while the 2-year yield, which closely reflects Fed intentions, rose to 3.34 percent. Markets are beginning to anticipate even faster rate hikes, … Read more