“Markets are still looking for a stage for fee hikes. It was solely in October the market was expecting one rate hike for 2022 and now it is anticipating 4,” mentioned Edward Park, chief funding officer at U.K. “That’s reflecting the extent of uncertainty we now have out there proper now in regards to the path of Fed policy.” Tech stocks have been the largest fallers as Treasury yields rise following current feedback from Federal Reserve officials which have boosted expectations for imminent financial policy tightening. “However, right now’s bearish price motion remains to be seen as momentary, with most …
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