Remember when I called for a bond market rally (see What a bond market rally could mean for your investments). The 10-year Treasury yield broke support last week and shrugged off a hot CPI print. Is the bond market tempting FAIT, or the Fed's Flexible Average Inflation Targeting framework?
Here are some of the broad market implications.
The full post can be found here.
The bond market tempts FAIT
June 12, 2021 at 13:33 PM EDT