George Gammon: You won’t Believe the Fed’s New Plan

Following a series of signals from the Federal Reserve suggesting a potential 50 basis point interest rate hike, we witnessed a nearly unprecedented surge in Treasury yields. Specifically, the 2-year Treasury yield jumped by approximately 20 basis points within a matter of hours. This rapid escalation serves as a stark reminder of just how sensitive the current economic climate is to monetary policy shifts. When short-term yields move with such velocity, it indicates that the market is aggressively pricing in a new, more hawkish reality, reflecting deep-seated anxiety over the future of inflation and the central bank’s response to it….