Akadia Capital CIO Michael Kao says the past month’s yield curve shift, especially in the 2-year, is notable. He warns markets may be overestimating Warsh’s reaction function as rate hikes and oil supply shocks reshape pricing.
published
Akadia Capital CIO Michael Kao says the past month’s yield curve shift, especially in the 2-year, is notable. He warns markets may be overestimating Warsh’s reaction function as rate hikes and oil supply shocks reshape pricing.
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