2Y Treasury Yields Top 4.00% For First Time Since Oct 2007

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    from ZeroHedge:

    For the first time since October 2007, the yield on 2Y US Treasury bonds has topped 4.00%…

    …having soared over 60bps since Fed Chair Powell gave his hyper-hawkish speech at Jackson Hole…

    Meanwhile, the terminal rate for Fed rate-hikes has risen to 4.52% this morning, expected in March 2023…

    TRUTH LIVES on at https://sgtreport.tv/

    …having soared over 60bps since Fed Chair Powell gave his hyper-hawkish speech at Jackson Hole…

    Meanwhile, the terminal rate for Fed rate-hikes has risen to 4.52% this morning, expected in March 2023…

    Do we really think The Fed can get there without folding to political pressure or flip-flopping to abate risk-asset carnage?

    As we noted earlier, how do we think Elizabeth Warren is going to react to this?

    Read More @ ZeroHedge.com