A Jumbo Rate Hike Debate is Brewing for the December Fed Meeting as Bond Yields Rip Higher on Hot Inflation Data

First reported by Crypto Briefing at Tue 10:11 AM · 5 outlets in all

1. Wall Street Journal(subscription required)23hAsian Bond Yields Rise on Growing Expectations for Fed Rate HikeHotter-than-expected U.S. inflation data and Federal Reserve officials’ hawkish commentary raised the chances of a rate increase next month.
2. CNN27hBond yields surge most in 19 months as traders brace for Fed rate hikes
3. Yahoo Finance31hA Jumbo Rate Hike Debate is Brewing for the December Fed Meeting as Bond Yields Rip Higher on Hot Inflation Data
4. Cointelegraph31hHot US inflation raises odds of half-point Fed hike in DecemberUS inflation came in above forecasts in October, increasing expectations of a bigger rate hike in December and raising concerns for crypto investors.
5. Crypto Briefing33hFed’s Waller fuels debate on larger rate hike after high inflation dataWaller's comments may signal a shift in Fed policy, impacting Treasury yields, the dollar, and market expectations for future rate hikes.