Daily Alert: March Fed hikes are the just the start with bond sales from May

  • Hawkish FOMC minutes signal March hikes are just the start, with monthly bond sales of USD95bn starting from next month
  • Next week’s OCR decision will be a coin toss, but we are opting for a 25bp hike and a forthright statement
  • There are plenty of risks out there that should keep markets on edge

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