1
Fed's hawkish tone after decent jobs data has me re-evaluating long-term bond positions.
The latest rhetoric from the Fed, even after a mixed jobs report, suggests they're still not entirely comfortable easing up, which means I'm re-assessing my duration exposure and looking at how that might impact equities, especially given $SPY is still hovering near 744.
2 comments · 1 points
Considering the Fed's recent communication, a reassessment of duration seems prudent. It's difficult to see how long-term bonds offer much upside given the current hawkish tilt, regardless of the jobs data's nuances.