The Fed has come back to life (TLT, TLO, UST, USD, DXY)
The Federal Reserve has come back to life.
On Wednesday, it signaled to markets that the second interest rate hike of this economic cycle could come as early as June.
And for the first time in a while, markets took the Fed very seriously.
It's not so much that markets believe the Fed's specific timing, but that they are suddenly taking its intentions much more seriously.
Minutes of the the Federal Open Markets Committee (FOMC) meeting said Wednesday,
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