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What’s next for U.S. Treasuries

Goldman Sachs The Markets

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The Fed's Expectation of a Rate Hike in June

The discussion around the Fed and whether or not they're going to hike at their next meeting is really not related to the debt ceiling. I think the broader issues that they're looking at have to do more with the strength that we've seen in inflation. And so, a lot of this is going to hinge on Friday's payroll number in terms of where that comes out.

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