Tom Essaye Quoted in Market Watch on March 18, 2022
Two-year Treasury yield has biggest two-week gain since 2008 as investors assess Fed’s rate-hike efforts
The market has, to a degree, called the Fed’s bluff on rate hike plans as rate hike expectations were dialed back in the immediate wake of the dot plot release and economic projections, but the Fed is indeed tightening policy and regardless of the pace of the trend, yields are going higher in the months and quarters ahead, said Tom Essaye, founder of Sevens Report Research. Click here to read the full article.