US Yield 10y (USGG10YR) – Long Term Rise Confirmed

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 Federal Open Market Committee maintained a 1% to 1¼% fed funds rate target range today on an unanimous vote.  The Fed also announced that the balance sheet normalization plan, detailed at the June FOMC meeting, will be initiated in October.  That plan features an initial run off cap of $10 billion per month, with $6 billion on Treasuries and $4 billion on Mortgage-Backed Securities.  The Treasury run cap will rise $6 billion every three months to a peak of $30 billion…</p>

As was widely expected, the Federal Open Market Committee maintained a 1% to 1¼% fed funds rate target range today on an unanimous vote.  The Fed also announced that the balance sheet normalization plan, detailed at the June FOMC meeting, will be initiated in October.  That plan features an initial run off cap of $10 billion per month, with $6 billion on Treasuries and $4 billion on Mortgage-Backed Securities.  The Treasury run cap will rise $6 billion every three months to a peak of $30 billion…

Fed Still Sees One More Hike in 2017 and Is Starting Balance Sheet Wind Down in October

US Treasury (10 Yr Generic)

Fed Still Sees One More Hike in 2017 and Is Starting Balance Sheet Wind Down in October