10yr Yield Fade Approaching 2.65% Reversal Target with Safe Haven and Growth Undercurrents

Economist (US Macro), RDQ Economics

Conrad DeQuadros

Economist (US Macro)

RDQ Economics

RDQ Economics provides global macroeconomic consulting services with an emphasis on U.S. economic fundamentals and monetary policy.  
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Our views are driven by consistent application of classical economic and monetary principles and has generated superior anticipation of changes in the stance of monetary policy and of movements in economic growth and inflation.
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The founders of RDQ Economics—John Ryding and Conrad DeQuadros—worked together on Wall Street for a decade, in the independent research space for nine years, and have experience in central banking at the Federal Reserve and the Bank of England.  John and Conrad have worked closely with fixed income, foreign exchange, and equity traders and portfolio managers, which has enabled their analysis and advice to be tailored to a clientele that is focused on trading and investment decisions.

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<p>As was widely expected, the FOMC raised the fed funds rate target range by 25 basis points today to 1½%–1¾%. The vote to raise rates was unanimous.</p><p>The Fed statement noted that the “labor market has continued to strengthen and that economic activity has been rising at a moderate rate.” Also, “Job gains have been strong in recent months, and the unemployment rate has stayed low. Recent data suggest that growth rates of household spending and business fixed investment have moderated from their…</p>

As was widely expected, the FOMC raised the fed funds rate target range by 25 basis points today to 1½%–1¾%. The vote to raise rates was unanimous.The Fed statement noted that the “labor market has continued to strengthen and that economic activity has been rising at a moderate rate.” Also, “Job gains have been strong in recent months, and the unemployment rate has stayed low. Recent data suggest that growth rates of household spending and business fixed investment have moderated from their…

Fed Hikes Rates 25bps And Signals A More Data-Dependent Reaction Function

US Treasury (10 Yr Generic)

Fed Hikes Rates 25bps And Signals A More Data-Dependent Reaction Function