PCE exceeded expectations, tightening expectations increased
U.S. Treasury bond interest rates actually rose and then fell, and long-term interest rates are now falling... Market stimulus will have to wait until the FOMC meeting on March 20th or so.
PCE exceeded expectations, tightening expectations increased
U.S. Treasury bond interest rates actually rose and then fell, and long-term interest rates are now falling... Market stimulus will have to wait until the FOMC meeting on March 20th or so.