[quote=”ClemSnide” post=848]Odds for a hike by the end of December now stand at about 35%, down from 50% CME Group futures. show.
The 10-year Treasury bond yield fell toward the recent low end of its long-term trading range at 2.2%. With inflation this light, there’s not much pressure on the Fed to hike rates. Pretty hard to see how the Fed will be able to live up to its prediction of three 2017 rate hikes.
The second year in a row the Fed has ended up more dovish than originally expected – a clear signal they have no clear what they have created and where we are going[/quote]
It seems for at least the last 3 years we have been hearing hoe all is getting better and he we are again pushing it out further – hopeless policy at work