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Treasuries Kick Off 2022 With a Taper Tantrum.
#taper #bonds #yields #treasuries #QE #CPI #inflation #dollar #gold #silver #FED #markets #stocks
Today we will look at the spike higher in yields on the first day of trading of 2022. The U.S. Treasury 10-year yield moved up 13 basis points or 0.13% which is a big move especially on a day devoid of important economic data.
Our conclusion is that investors are telling the Fed that their policy of tapering will not be taken too well by financial markets.
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