BMO Capital Markets strategists predict bull steepener as th...
BMO Capital Markets strategists predict bull steepener as the macro trade of 2024 due to a series of 25-point Federal Reserve rate cuts. They believe the steepening will occur around mid-year, despite market's anticipation for earlier rate cuts, and the first cut will be a 'fine tuning' quarter-point.
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Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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