Fed Likely To Pause In December As Pre-Election Support Ends
- The Fed opened the door to a potential pause in December, as it upgraded the inflation outlook.
- The Fed has a window to reevaluate the data in December with the election behind, before Trump takes over on Jan. 20.
- TLT is likely to continue to fall as the 10Y yield approaches the 5% level, limiting the Fed's ability to normalize interest rates.
Drew Angerer
The ETF that tracks long-term bonds (NASDAQ:TLT) is down by almost 10% since the Fed cut in September as 10Y yields (US10Y) increased. TLT is likely to keep falling as 10Y yields increase towards the 5% level. The rising 10Y
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