Robin Brooks says the Fed’s July 29 decision sparked a sharp rise in long-term Treasury yields, raising the stakes for the next meeting. He argues a 25-basis-point hike is a small price to keep long-end yields anchored.
published
Robin Brooks says the Fed’s July 29 decision sparked a sharp rise in long-term Treasury yields, raising the stakes for the next meeting. He argues a 25-basis-point hike is a small price to keep long-end yields anchored.
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Took $1.20 profit on the remaining Puts on the Strangle - holding the Calls now
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