Today's Weakness Mostly War-Related With Small Boost From Fed

Today’s Weakness Mostly War-Related With Small Boost From Fed Because today was was a „Fed day“ and because bonds hit their weakest levels of the day after the Fed announcement, we may look back on the selling and blame the Fed. In actuality, the Fed was only a small piece of the puzzle. Specifically, 10yr yields had already moved up from 4.34+ to 4.40 before the Fed announcement. At the 3pm CME close, there was…