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The Fed Is Not 'Data-Point-Dependent': Treasury Traders Over-Reacted To Friday's PCE

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by Tyler Durden
Monday, Dec 23, 2024 - 07:45 PM

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Authored by Ven Ram, via Bloomberg,

Longer-dated Treasuries saw a sizeable reaction to Friday’s core PCE numbers, but there isn’t much a case for exuberance.

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