FastSaying
longer-term outlook for the Fed and should keep the long bond on the soft side.
Gemma Wright
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The (Fed's) move was widely expected in the market.
— Gemma Wright
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The (Fed's) move was widely expected in the market,
— Gemma Wright
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The Federal Reserve has lowered the bar on what it would take for them to lower interest rates,
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The market looks like it's stabilizing after selling off a little bit just after the sale.
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We think the Fed is trying to manage market expectations on the pace of economic recovery and on when the Fed is likely to shift its (monetary policy) bias to neutral.
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