Bonds, Budget, Central banks, Deficit, Federal Reserve, Fiscal policy, Fixed Income, Inflation, Saving, US Treasury, USA, Volatility, Yield Curve
MOVE-ing the Dial
Bond yields have started to creep higher - and curves to flex steeper - as the market begins to fret that the willing fiscal subservience of the central bank can only presage a coming inflation. With bond volatility still reasonably cheap, now might be the time to take cognisance of this.
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