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The Hidden Danger Lurking in the Rates Market, and the Tit-For-Tat Between the U.S. and China 5/7/23

CNBC's "Fast Money"

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The Fed's Desire to Shrink Balance Sheet

On Friday, we'll see the balance sheet of the Fed get finally back below where it was right before SVB collapsed. So I think the balance sheet shrinkage is going to be now more notable from a contractionary standpoint. Peter: While the Fed may be done about raising interest rates, whether they go one more time or not, they're going to rely on higher for longer.

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