Bonds, Stocks Slammed As Hot Wages, Unemployment Data Sparks Surge In Rate-Hike Odds
Jan 7th 2022 9:06am EST
Bonds, Stocks Slammed As Hot Wages, Unemployment Data Sparks Surge In Rate-Hike Odds A hotter than expected wage growth print and tumbling unemployment rate have been greeted by selling in bonds and stocks as no obvious ‘dovish’ excuse can be gleaned from the data. Academy Securities’ Peter Tchir’s instant reaction clarifies much and the headline […]
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