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https://www.channelnewsasia.com/news/business/bonds-stung--dollar-cheered-by-sudden-hawkish-turn-at-fed-15031000
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Bonds stung, dollar cheered by sudden hawkish turn at Fed - CNA
6/16/21 at 11:47pm
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CNA
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CNA
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SYDNEY: Asian markets looked set for a rough ride on Thursday after the U.S. Federal Reserve stunned investors by signalling it might raise interest rates at a much faster pace than assumed, sending yields and the dollar sharply higher.
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