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BONDS DECLINING FOR RIGHT REASON

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BONDS DECLINING FOR RIGHT REASON

Increasing inflation expectations are driving the recent bond selloff.

Kevin Muir
Jun 9, 2020
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BONDS DECLINING FOR RIGHT REASON

posts.themacrotourist.com

I find it funny how there are increasing calls for yield-curve-control due to the “backup” in US government yields.

Let’s step back and think about the last couple of decades of bond market action. The US 10-year Treasury yield has fallen from 6% to 0.25% during that time. According to pundits, the recent rebound in 10-year yields to 0.82%, necessitate…

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