
Risk
Forget Any Fed Pivot, Says JPM’s Gross
The bond and futures markets believe the central bank’s tightening will about-face—a bad call, the strategist contends.
The bond and futures markets believe the central bank’s tightening will about-face—a bad call, the strategist contends.
Commonwealth’s McMillan thinks it has two half-point increases ahead, and that’s it.
Current projections say there will be two hikes in the latter part of 2022.
One reason is that spending-happy Washington will need more central bank Treasury buying.