CNBC — the market now prices the next Fed hike for October after Barr's comments and a hot S&P Global inflation reading

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CNBC — the market now prices the next Fed hike for October after Barr's comments and a hot S&P Global inflation reading

· CNBC

Source: View source · CNBC · web

Why it's worth your time

The front-end story behind the two-year at a 52-week high 88bp above fed funds: the September 16 hike is being read as the first of a series. Pairs with the rate-sensitive sectors at capitulation readings on the desk's board (utilities RSI 23.5, REITs 26.0, financials 28.4).

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