The Fed's Pause in the Markets

The market was looking at this in a nonchalant matter particularly the debt ceiling discussions. Banking has gone through a very tough time down about a third of a percent or half a percent for the regional banks and on the other side of the coin you've got tech that's massively outperforming. The only way you surprise would be if they actually keep rates higher which would suggest that bond yields would probably have to go up between now and into the year.