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Fed Open To Hiking Interest Rates In June

TedTed
edited May 2016 in Off-Topic
FYI: (The Linkster will believe it when he sees it ) !

Most of the Federal Reserve’s interest-rate setting committee are ready to lift interest rates in June if the economy shows more life, minutes released Wednesday show.
Regards,
Ted
http://www.marketwatch.com/story/most-on-fed-ready-to-hike-rates-in-june-if-economic-data-strong-minutes-show-2016-05-18/print

Treasury Yields Spike:
http://www.marketwatch.com/story/short-term-treasury-yields-spike-to-2-month-high-after-fed-minutes-hint-at-june-rate-hike-2016-05-18/print

S&P Performance On Fed. Meeting Days;
https://www.bespokepremium.com/wp-content/uploads/2016/05/FOMC-Minutes.png



Comments

  • edited May 2016
    I certainly hope so and would love to see many more to come. Putting 25% or more in 5 year CDs has always been part of my retirement agenda. But not until they are in the 2.75% to 3% range. Then again, not sure I can can psychologically do that. The bank loan/leveraged loan/floating rate category of fixed income wouldn't mind rising rates. Junk corps could also do well. Not so much junk munis where it looks like I may have to lighten up a bit now. Be interesting to see how tomorrow shakes out.
  • Yep, I am thinking it is going to happen and I look for another one to come before year end.
  • @Old_Skeet- I agree with you, FWIW.
  • edited May 2016
    Huh? FWIW? ... I'd say at least a nickel.:)

    (That's about all I can afford the way the markets have behaved the past couple years.)

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