Adviser discusses why the Fed could hike rates instead of cutting them

US Treasury Yields (^TNX,^TYX,^FVX) are moving higher as the debate over when the Federal Reserve will cut interest rates continues to heat up amid current market conditions. The US economy shows strength as consumers continue to spend despite inflation, according to March's retail sales data, which could encourage Fed officials to hold off on rate cuts.
Richard Bernstein Advisors Director of Fixed Income Michael Contopoulos joins Yahoo Finance to break down the recent movements in the bond market and the potential for the Federal Reserve to push rate cuts further down the line in 2024, much to the dismay of many Wall Street forecasts.
Contopoulos elaborates on the probability of an interest rate hike: "I put the odds as not so much that I think they will hike, as much as I think that the market will start to price in some probability of a hike. Which is meaningful from a market perspective, both from a credit perspective as well as from an equity perspective. Whether or not they actually get to that point is a different story."
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Get the latest news and data at finance.yahoo.com
- Download the Yahoo Finance app on Apple (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)
- Follow Yahoo Finance on social:
X: / yahoofinance
Instagram: yahoofinanc...
TikTok: www.tiktok.com/@yahoofinance?...
Facebook: / yahoofinance
LinkedIn: / yahoo-finance

[@Jon-da-bad]

More hikes please 7% Tbills help the retired seniors. 🙏🙏🙏🙏😛😛👍👍

[@keithjames1802]

Keep hiking. It’s fun.

[@crooked52h]

No rate cut till 2025 it seems

[@bradmoyer9737]

Does anyone remember Janet’s “It’s transitory I tell ya, it’s just transitory.”

[@KaYungCalebLai]

still have 95% of my portfolio in variable GIC, so keep hiking would be real nice

[@emptyempty1310]

They dont have the balls

[@Thisishard2333]

Inflation is over when my 2 dollar box of spaghetti goes back to $1.

[@BeverleeR.Ziegler]

I am trying to avoid making any new buys at this point in other not to get sucked into a bear market trap.It's tough making money in stocks when institutional investors are the driving force behind the selling.. although I read an article of people that grossed profits up to $150k during this crash, what are the best stocks to buy now or put on a watchlist?

[@JanineJ.Cromwell]

Look for equities with yields that beat the market and shares that, over time, at least maintain a steady pace with the market. To ensure a prosperous long-term plan, I suggest consulting with a financial expert or broker

[@JimmyA.Alvarez]

Yes, I've been in constant touch with a Financial Analyst for approximately 8 months. You know, these days it's really easy to buy into trending stocks, but the task is determining when to sell or keep. That's where my manager comes in, to help me with entry and exit points in the industries I'm engaged in. Can’t say I regret it, I’m 40% up in profits just in 5months with my initial capital of $160k.

[@KaYungCalebLai]

SQQQ

[@JimmyA.Alvarez]

One of the fiduciaries I deal with is Jennifer Lea Jenson. Just check the name. There would be a letter with the necessary information to set up an appointment.

[@Erickruiz562]

When I saw her testimonies all over the place I thought it was all made up of stories till I was convinced and gave it a try and honestly I don't regret the move I made because I invested in a big way.

[@redarbz6545]

This thing s ridiculous, the more they hike ], the more people make is saving, the more you encourage the lazy economy, and not the productive economy... They need to get back to lower the rate to get the economical machine going again..,

[@Topglobalharleyyyyy]

ur right

[@bradmoyer9737]

Does anyone remember Janet’s “It’s transitory I tell ya, it’s just transitory.”

[@daleyoung4710]

I recall Biden berating reports for suggesting printing 12 trillion dollars was going to cause inflation: "Absolutely no one is talking about this package causing inflation", not a single economist"