Treasury Yields Jump on Fed’s 3 Projected Rate Hikes in 2022
December 16, 2021 at 14:47 PM EST
Treasury yields jumped when the Federal Reserve confirmed what the capital markets were already expecting, which was rate hikes in 2022. As stated earlier, the Fed reaffirmed its plan to taper off its bond purchases with a more aggressive tapering starting in January 2022. The Fed already scaled...