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Bond Market Crash Update

Bond Market Crash Update
econintersect.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from econintersect.com Daily Mail and Mail on Sunday newspapers.

Is It Time For Jay Powell s Taper Tantrum ?

It could be time for Jay Powells “taper tantrum” as SLR-stakes are high ahead of the FOMC meeting on Wednesday. The political pressure is building and the SLR-relief may not be prolonged. We enter the meeting leaning short in EUR/USD and bonds. “The temporary exclusion to the SLR is a mistake that should not be perpetuated after it expires at the end of this month”  - House Financial Services Committee Chairwoman, Maxine Waters (D) We have a big central bank week ahead of us, with scheduled monetary policy decisions from the Fed, Norges Bank, BoE and BoJ, and it could prove to be one of the most important weeks in the life of Jay Powell.

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