That development in Europe, weighed on U.S. yields, pulling yields down here from 2.5% to 2.31%. There has been a tremendous shift in the past week in the expectations for a March rate hike. It's started from a 27% chance of a March 15 rate hike being priced in last Friday. And today she also said that if the data continued to improve as they forecast, they can hike this month. So with that in mind, why has the Fed become so bulled up on the interest rate picture since December?
Source: Forbes March 06, 2017 01:20 UTC