Hawkish Fed moves 10 year dollars into SSAs’ sights

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Hawkish Fed moves 10 year dollars into SSAs’ sights

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Origami crane from dollar to men's wallet | Veselin Borishev/vesko_borishev - stock.adobe.com

A slightly more hawkish than expected US Federal Open Market Committee meeting mid-week has nudged up US Treasury yields — bringing 10 year dollar issuance nearly within SSAs’ reach, said bankers. But in the meantime, SSA bankers are looking at the dollar pipeline with dismay.

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