16/09/2026
The only game in town today is the most anticipated Fed Rate Decision at 6pm (GMT), with only two(2) choices to be made - and not three(3) as a cut is completely off the table, and holding now is more riskier than it has ever been in recent times.
Markets are now pricing in more than a 90% chance of a 25 bps rate hike, with 10-year Treasury yields threatening a breakout through 5% for the first time since 2007.
That should tell you where the pressure point is heading into the decision.
August CPI report confirmed that price pressures remained persistent, and now oil prices are well above $100 and long-end Treasury yields spiking to levels not seen in nearly two decades.
A Fed hold could pull 2-year yields lower initially, but the 10-year and 30-year will very well be an eyesore.
Immense profits or loses will be made in just a matter of seconds upon release, depending on your trading positions - Stay cautious and get adequately prepared for some fireworks !!
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