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by sanctified384
1512 days ago
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Just because the formal rate increase happened in March doesn't mean people didn't know about it already. Rate hikes are typically speculated on for several weeks (months?) before they actually happen. By the time it actually happens, the market has always priced it in.
The decrease in Jan/Feb was in anticipation of the March increase. And the current swings are in anticipation of the May/June increases. |
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