Bank Stocks, Dollar Jump As Fed Sends Yield Curve Tumbling Near 10-Year Lows

The Treasury curve (2s10s) has collapse to 80bps – its lowest since September 1st 2016 following The Fed’s rate hike. The supposedly dovish statement sent the dollar higher, and helped bank stocks (even as the yield curve dropped and flattened). Gold is also under pressure…
So that didn’t work…

This post was published at Zero Hedge on Jun 14, 2017.