Wall Street

US 10-Year Treasuries Spike On Fears The Fed Becoming More Aggressive

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In hisDaily Market Notes report to investors, while commenting on the Fed, Louis Navellier wrote: More Aggressive Fed?CPI came in hot, and the market is pulling back hard. Hopes for confirmation of peak core inflation have been crushed. Core CPI was 6% year over year, 0.6% sequentially. Virtually every component was higher. Q1 2022 hedge fund letters, conferences and more The market reaction has been swift and severe. Indexes are down +2% across the board, the NASDAQ -3%. The US 10-year spiked 7bps to 3.11%, the 2-year +15bps to 2.96%, on fears that the Fed will become even more aggressive. Sp…

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