More from George: Supersized rate hikes may cause you to have to oversteer

<p>George dissented in the summer because she didn’t want the Fed to hike too fast, so this isn’t exactly a departure, but it shows that her thinking hasn’t changed and that she will resist 100 bps on Nov 2.</p><p>Markets are continuing to recoil as US and UK yields rise. We’re getting another new round of highs in gilts.</p>

This article was written by Adam Button at forexlive.com.