WS #13149
Three Fed officials dissented for a rate hike, TLT fell below $82 (first since 2004), and 30Y yields hit 2007 highs, signaling a hawkish repricing that pressures growth stocks.
Fed Hawkish Repricing and Bond Rout
Three Fed officials dissented for a rate hike, TLT fell below $82 (first since 2004), and 30Y yields hit 2007 highs, signaling a hawkish repricing that pressures growth stocks.