SGOV - Chart Of The Week: The Great Rate Debate
2024-06-12 12:15:00 ET
Summary
- The rate debate is far from settled. Instead, Wall Street is wrestling with what happens next!
- Central banks in Switzerland, Canada, and the eurozone have recently cut rates - and that’s fueling speculation the US Fed will have to follow before long.
- A rising TLT means yields are falling. TLT poked its head above the 200-day moving average last week, before pulling back on Friday following the latest jobs report.
By Mike Larson
Investors know the Federal Reserve won't cut rates when this week’s policy meeting wraps up on Wednesday. But that doesn’t mean the Great Rate Debate is settled. Far from it....
Chart Of The Week: The Great Rate Debate