Weekly Briefing: 4/10/22
FOMC Minutes: Ironically, no major surprises...
Performance & Other Observations
Last week, the Fed released minutes from the March FOMC Meeting. The much-anticipated minutes reaffirmed the prevailing policy trajectory: Rate hikes will move along at a quick pace through year-end and the Fed will shrink its balance sheet by allowing US Treasury bonds and mortgage securities to mature without reinvestin…