fell by less than a basis point to 2.0602%. Yields move inversely to prices and 1 basis point is equal to 0.01%.The Fed's January two-day policy meeting is due to start on Tuesday. Investors will be looking for any clues as to how much the central bank will raise interest rates this year and when it will start.its baseline forecast calls for four rate hikes this year, but the bank sees a risk for more rate increases due to the surge in inflation.
Holger Schmieding, chief economist at Berenberg, told CNBC's "Squawk Box Europe" that the investment bank also expected there to be four rate hikes, of 25 basis points, this year.
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The nasdaq is sitting at 125 points higher and then cnbc goes on air for the day and starts pumping out misleading articles and fear mongering people triggering algo selling and now the nasdaq is about to go red. CNBC should be investigated by the DOJ and shut down
Bidenpression
Do not buy into the Monday open rise in markets! Head fake… More downside to come for many weeks.
Yep, cnbc is trying to keep the markets which the indices were green by a good amount from either being green or jumping tok high, guess their hedge fund pals have some short positions and put options they need to cover. This is nothing but blatant lies and manipulation.
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