Keith Hembre
Keith Hembre
overall surprises
Overall there are not a lot of surprises here.
boosts cement chance fed friendly march rate
It's not friendly for the Fed at all. This boosts the chance of a March rate increase; it should cement 4.75 percent.
imply less market minutes rally
You are getting the rally in Treasuries because the minutes imply a little less tightening than what the market had anticipated.