Loading ...Bloomberg News 2016-10-25 12:35:
The dollar rally has peaked and U.S. yields are headed lower as the Federal Reserve limits itself to one interest rate increase per year, according to one of the world’s largest money managers.
The Fed will only tighten to a terminal rate of about 1 percent “tops,” with the next hike coming in December, Nicholas Gartside, the London-based chief investment officer for fixed- income at JPMorgan Asset Management said in an interview in Tokyo l
Comment:
I thought the Dollar peaked two weeks ago. Now with JP Morgan saying that, maybe it finally peaked? Crazy high straight up.