Silver as an investment

Dollar Jumps, Yield Curve Dumps As Fed Sends 2Y Yield To Highest Since 2008

The dollar spiked higher and the yield curve spiked lower following The Fed's hawkish statement. 2Y yields hit their highest since Dec 2008…

 

As December rate hike odds jumped to 63%.. so still not completely buying The Fed's plan…

 

The dollar spiked…

 

But the yield curve cracked notably flatter… as the long-end was unimpressed.

 

This is not what The Fed, or the banks, were hoping for. How long before bank stocks wake up?

 

For now, gold is down, the dollar is up…