Two Blokes

Why the Fed may not cut rates for a while

  • click to rate
    Posted by Two Blokes May 4 - Filed in General - #TwoBlokesTrading  - 4 views
    US Treasury Secretary Scott Bessent says it's time for the Federal Reserve to cut rates, given that two-year yields (2YY=F) are lower than the Fed fund rate, adding fuel to the contentious relationship between the Trump administration and Fed Chair Jerome Powell. Wellington Management fixed income portfolio manager Brij Khurana joins Morning Brief with Brad Smith and Madison Mills to discuss what he calls the Fed's "very tricky situation.