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Market Extra: Bond market is skeptical of Fed’s `wishful thinking’ on at least 10 quarter-point rate hikes through 2023

Market Extra: Bond market is skeptical of Fed's `wishful thinking' on at least 10 quarter-point rate hikes through 2023

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Bond traders are doubtful about the Federal Reserve’s ability to deliver a total of at least 10 quarter-point rate hikes in the next two years without substantially undermining U.S. economic growth and employment. Treasury yields fell across the curve on Thursday — with some of the biggest declines coming in 1- and 2-year maturities.

...read full article on Market Watch

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