Fed Unfiltered, Daily Trends: 9/23/22

Page(s): 1

Rates

2yr Treasury – increased 9bps (again).

10yr Treasury – decreased by 1bps.

Commentary

With a resolute Fed and a market expectation of another 50 or 75bp rate hike in early November, the 2yr keeps climbing. The coming week’s speeches/interviews will provide more clarity.