The Sept 16 Coin Flip — A Tiny Hike, a Big Wobble

A 25 bp hike is increasingly likely—but it may only buy time before bond markets demand more.

Here is my take on whether there will be a hike next week or not.

Next week’s FOMC meeting (Sept 15–16) is being priced as a coin flip with a slight tilt toward a 25 bp hike. CME FedWatch and similar …