Everything’s Rallying Into The Fed Decision (Except The Dollar)

US stocks are up, Treasuries are up, emerging market stocks are up, oil is up, and high yield bonds are up ahead of The Fed’s (foregone conclusion) decision this afternoon.

However, if everything is so awesomely hawkish, why is the dollar dumping?

Is a dovish hike coming?

This post originally appeared on Zero Hedge

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