50 days ago • Posted by Paul de La Baume
1-3 years Treasury yields rise. #economy #Fed #Treasury #Bonds
The economic recovery has led to investors now pricing in the first Fed rate hike in the second quarter of 2022 and 3 hikes by the end of 2022. 1, 2, and 3 year Treasury yields have risen to their highest levels since the start of the pandemic. Financials with large cash deposits should be the main beneficiaries of rising Treasury yields. Chart by Charlie Bilello.