WS #13153
US 30-year yield hit highest since 2007, TLT fell to lowest since 2004, and three Fed dissents (Hammack, Kashkari, Logan) signal a hawkish tilt with PCE at 3.7%, pressuring long-duration assets.
Bond Market Rout and Fed Hawkishness
US 30-year yield hit highest since 2007, TLT fell to lowest since 2004, and three Fed dissents (Hammack, Kashkari, Logan) signal a hawkish tilt with PCE at 3.7%, pressuring long-duration assets.