#RateHikeBackOnTable

About RateHikeBackOnTable

The U.S. 30-year Treasury yield hit 5.20% intraday, its highest since 2007. The 10-year sits at 4.58%, a 12-month high. The bond market is already pricing in hikes. "Fed whisperer" Nick Timiraos says rate cut talk is nearly over and officials are seriously weighing a hike. Swaps imply an 80%+ chance of at least one hike by year-end. Kevin Warsh will be officially sworn in, and his first policy statement will be a key signal for the direction of monetary policy.