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The Federal Reserve at its policy meeting on 16th June, whether inadvertently or by design, reset financial markets’ clocks.
The dust has since settled somewhat, with US short-end and long-end yields, the US Dollar and S&P 500 trading sideways for the past couple of sessions...

 

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Fed: Same game, different rules 

The Federal Reserve at its policy meeting on 16th June, whether inadvertently or by design, reset financial markets’ clocks. The dust has since settled