The Market Took a Week to React to the Fed

Markets are only now pricing last week's Fed hike, driving a 10-year yield breakout above 5.1% and dollar surge past 105.4.

• 10-year yield breaks out: U.S. 10-year Treasury surged above 5.1% and 30-year pressed 3.92%, both breakout levels not seen in decades, arriving days after the Fed hike rather than immediately.
• Delayed market digestion pattern: Zach Abraham argues markets no longer price Fed news instantly, instead showing an initial move, a pullback, then the 'real' reaction 3-4 days later.

Themes, sentiment and reasons are AI-written paraphrases, checked so they never quote an episode. They may contain errors. Not investment advice. Episodes remain the property of their creators.