
The impact of bank failures on markets and the economy
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Bond Yields Are Lower, Will That Really Help the Fed Fund's Rates?
Lop: The market is essentially telling you that we're done with this hiking cycle. But then the level of volatility has gone up, which tells you that the market also thinks that the range of outcomes is still pretty wide. Whether the current pricing of Fed Fund's rates are justified, I think, will be tested over time," Lop says.
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