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Bessent Says He, Trump Are Focusing on 10-Year Yields, Not Fed
- toomuchtodo 2y agoThe bond market is pricing an inflationary macro. As long as inflationary pressures and policy continues, bond yields will remain elevated. The Fed controls short term rates, the bond market long term rates. Is There an Insanity Premium on Interest Rates? - https://paulkrugman.substack.com/p/is-there-an-insanity-premium-on-interest https://paulkrugman.substack.com/p/is-there-an-insanity-prem... - January 8, 2025 Morning Bid: Bonds flashing red, 'term premium' at 10y high - https://www.reuters.com/markets/us/global-markets-view-usa-2025-01-08/ https://www.reuters.com/markets/us/global-markets-view-usa-2... - January 8, 2025 Term premium: The payoff for investing in longer-term bonds - https://www.marketplace.org/2025/01/08/term-premium-investors-higher-yields-longer-term-bonds/ https://www.marketplace.org/2025/01/08/term-premium-investor... - January 8, 2025 Bond Vigilantes Are Putting Governments on Notice - https://www.bloomberg.com/opinion/articles/2024-12-30/bond-vigilantes-are-putting-governments-on-notice https://www.bloomberg.com/opinion/articles/2024-12-30/bond-v... | https://archive.today/SrEy4 https://archive.today/SrEy4 - December 30, 2024