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Slow and Steady
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Slow and Steady

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The Credit Strategist
Jul 14, 2022
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Slow and Steady
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June’s inflation report was so bad that it shifted discussion from whether the Fed will raise rates later this month from 50/75 basis points to locking in 75 basis points and raising the serious possibility of a 100-basis point hike.   The 9.1% June print was so disturbing to markets that within a few hours they repriced the odds of a 100-basis point hi…

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