Excerpt from Bloomberg quoting DataTrek Research:
…. “While the S&P 500 was charging to successive new highs last week, Fed Funds Futures and Treasuries were beginning to flash a yellow light,” Nicholas Colas and Jessica Rabe of DataTrek Research wrote in a note. “It’s too early to call this a full-blown ‘growth scare,’ but we think it’s important that these two markets are less convinced of a 2022 Fed policy shift now than just six trading days ago.”
Read the full article here on Bloomberg!