Hawks everywhere

Fed Governor Powell On Bloomberg TV “I would support Gradual pace of rate hikes”  Dollar higher 2 year lower. The 2 year Yield  at a 2 month high,above 200dMA for first time in 10 weeks.Yen now down 108 ticks .5 year Yield highest since brexit vote as the short end still being sold.Spoos dont like the  higher rate talk as they are sitting near 3 week low.The FED going out of its way to signal a strong possibility of a September hike.Message received!

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