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Investors look to Fed for next steps as Twist speculation ramps up

From reuters.com

After a searing U.S. bond selloff, markets are laser-focused on Federal Reserve Chair Jerome Powell’s next move. But while investors will be closely watching the Fed chief, due to speak Thursday at a Wall Street Journal conference, for any hints of concern about last week’s jump in bond yields, they see a high bar for the U.S. central bank to actually take action. Thursday’s event will be Powell’s last outing before the Fed’s policy-making committee convenes March 16-17. “We’re probably going to hear an acknowledgement that they’re keeping a close eye on things,” said Meghan Swiber, U.S. rates strategist at Bank of ... (full story)

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  • Category: Fundamental Analysis