Interest rates took a breather yesterday

The US 10-year bond yield fell from a near 3% high to 2.76% during yesterday's session, despite the Fed's harsh statements at the end of last week in which they hinted at the possibility of hikes up to 75 bps at their next meetings. The market has already discounted interest rates between 2% - and 2.50% for 2022 in the United States. These levels are considered to be those of a neutral monetary policy, neither restrictive nor stimulating. However, everything will depend on the inflation figures’ evolution throughout the year.