US Bond Market Week in Review: Yes, a Downside Does Exist

     Several Fed governors spoke this week.  President Harker wouldn’t take rate hikes off the table.  President Powell agreed.  But doves still exist.  Fed President Williams, whose comments were based on recent SF Fed research, argued low rates would be with us for some time.  Hence, there was little need to raise rates.  Fed President Kashkari based his dovishness on a belief that there is still a larger than desired amount of slack in the labor market.       Overall, here are the primary differences between the hawks and doves.

Source: XE news feed
US Bond Market Week in Review: Yes, a Downside Does Exist