In our last report (US 10Yr @ 3.548% on 21-Sep-22) we had said that a 4% end-2022 Fed Rate was fully priced in by the market. However, the 2022 FFR projection by the FOMC itself was put out at 4.4%. Thus, the US yields continued to rise after the 75bp hike in the 21-Sep FOMC, well past our cited resistance at 3.80% to a closing-high of 4.23% on 21-Oct, from where it has dropped a little now.
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Mar'23 Monthly Forecast
Our Mar'23 Monthly Rupee Forecast is now available. To order a PAID copy, please click here and take a trial of our service.
WHAT'S NEW?
Mar '23 EURUSD Report
After falling from 1.1033 in Feb-23, Euro has tested 1.0516 so far in Mar-23. Could Euro be ranged below 1.10 for some more time? Can it break below 1.05? ...Read More
WHAT'S NEW?
Mar'23 Crude Oil Report
Crude has been in a sideways consolidation but it would be important to know how long it would continue to remain ranged. Will Crude prices continue to consolidate below ... Read More
WHAT'S NEW?
Mar'23 US Treasury Report
In our last report (30-Jan-23, US 10Yr @ 3.53%), we had said that a recession (which was the talk of the market at that time), might kick-in earliest by Oct-23 and as such, the FED may not .... Read More