Dollar, Bond Yields, And Bank Stocks Tumble After 'Dovish' Fed Statement

Not priced in...

The Fed shifted its dot plot notably lower - through 2019 median remains unch - and that has sent bond yields and the dollar careening lower...

Dollar dumped to one-week lows...

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10Y Yields plunged to yesterday's intraday spike lows...

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The major stock indices are higher but not holding kneejerk gains...

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And bank stocks have turned red...

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As rate-cut expectations for 2019 accelerated...

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And July rate-cut expectations are now at 100%!!

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