Volatile consolidation phase until long-term interest rates resume uptrend

Ron Markus
Monday, 22 August 2022
Ron Markus

The Fed will take twice as much money out of the financial system (QT) next month, so volatility may remain high for the time being. Nevertheless, we expect long-term interest rates in the US and the EMU to move sideways before a new uptrend starts in the coming months.

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