Comment on Silvergate Bank to begin voluntary liquidationparentComments−koolba3y5+% US treasuries can quickly shift the calculus for USD holdings. And lack of “real” money in the system cascades quickly.−ForHackernews3yAs they say, it's only once the tide goes out that you discover who's been swimming naked.−dragontamer3yGiven all the economic data + extremely hawkish comments from Powell yesterday/today, it looks like we're going even higher than expected this year.FFR futures are expecting a +0.50% increase for the March 22nd meeting.
Comments
5+% US treasuries can quickly shift the calculus for USD holdings. And lack of “real” money in the system cascades quickly.
As they say, it's only once the tide goes out that you discover who's been swimming naked.
Given all the economic data + extremely hawkish comments from Powell yesterday/today, it looks like we're going even higher than expected this year.
FFR futures are expecting a +0.50% increase for the March 22nd meeting.