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I don’t see any reason for the Fed to hike rate again.
@KevinChenNYC：
Treasury yields dropped sharply, with the 2-year rate dipping below 5%. Market is calling the Fed bluff. Image Bond yields tend to peak around the time of the last Fed rate hike. I don’t expect any more rate hikes, which is why I turned positive on bonds recently. Image Corporate earnings are going down. CEOs will talk about new challenges during their Q3 calls. I don’t see any reason for the Fed to hike rate again. If anything, rate cuts are coming for the U.S., Canada, Eurozone, and England…
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