More from George: Supersized rate hikes may cause you to have to oversteer

  • George once again argues against overhiking

George dissented in the summer because she didn't want the Fed to hike too fast, so this isn't exactly a departure, but it shows that her thinking hasn't changed and that she will resist 100 bps on Nov 2.

Markets are continuing to recoil as US and UK yields rise. We're getting another new round of highs in gilts.

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