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Tantrum “lite” won’t help US Dollar

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US financial markets have had to contend with three “hawkish surprises” so far this month and on each occasion price action has been broadly the same. Initially the Dollar rallied, the S&P 500 sold off and US Treasury yields rose but these (modest) moves were very quickly r...

 

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Tantrum “lite” won’t help US Dollar

US financial markets have had to contend with three “hawkish surprises” so far this month and on each occasion price action has been broadly