K2 Pre-Market Recap - 02/13/2022
The highest CPI print in 40 years and a hawkish message from St Louis Fed President Bullard catalyzed selling frenzy across the Treasury curve. Led by the front end, fed funds futures priced in an entire additional 27 bps rate hike for ‘22 in one session. Read more from Franklin Templeton here.
(5-minute read)
Source: Franklin Templeton