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May 23, 2026, the global financial markets welcomed a true "time bomb."
The latest data from the interest rate swap market shows that bond traders have fully priced in the Federal Reserve's rate hikes this year.
The market firmly believes that new Chair Kevin Wash will have to act quickly to curb inflation.
That's right, rate hikes, not rate cuts.
This means that the next move by the Federal Reserve, whether to raise or cut rates, has become a 50-50 chance.
And this is just the beginning.