According to the most recent data at the CME, the probability of a rate hike at the April meeting is only 12%, see below:
Going out to June, the probability rises to 41%
Let’s see if the market continues to behave itself as the date nears.
SEE ALSO: Fed’s Bullard: Brace Yourself for An April Rate Hike
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Buy the dip in GDX then?
all dips are to be bought in gold, according to the guy on the radio selling coins
1yr breakevens are above 2% though somethings gotta give
good point