US Traders Took Powell's Pivot More Seriously Than Foreigners

May 2nd 2024 9:15am EDT

US Traders Took Powell’s Pivot More Seriously Than Foreigners Authored by Simon White, Bloomberg macro strategist, Most of the hawkish tilt in yields and rise in Federal Reserve interest rate expectations this year has come in non-US trading hours. A dovish repricing would therefore require (other things equal) a change of trading direction only in overnight […]

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