So do you think that was justified in the first place?

place?Yeah.

Thanks, Peter.

So yeah, clearly there was a hawkish read from the March FOMC.

You know, I think that was a continuation of, of what we really saw since this war kicked off.

You know, the US front end sold off alongside moves higher in oil, the moves higher in, in global front-end rates.

But into that March FOMC meeting, we were still pricing a cut for, for the Fed for this year, and there were some expectations for dovishness out of Powell at the meeting.

Are, are rate hikes really on the menu?