Age of Innocence for Bond Traders Ends in Latest
Inflation Shock
https://www.bloomberg.com/news/articles/2022-02-10/-a-bridge-too-far-bond-market-reels-from-latest-inflation-bomb
https://www.bloomberg.com/news/articles/2022-02-10/-a-bridge-too-far-bond-market-reels-from-latest-inflation-bomb
My prediction from last year (07/30/21):
Is the recent dip in Treasury yields a cause for concern?
https://thehill.com/opinion/finance/565660-is-the-recent-dip-in-treasury-yields-a-cause-for-concern
It is hard to justify today’s ultra-low yields on long-dated Treasuries based on fundamentals unless we are headed for a period of dramatically weaker growth that is accompanied by extremely low inflation, an outcome that appears unlikely. Rationally, we should expect yields to rise going forward.
Is the recent dip in Treasury yields a cause for concern?
https://thehill.com/opinion/finance/565660-is-the-recent-dip-in-treasury-yields-a-cause-for-concern
It is hard to justify today’s ultra-low yields on long-dated Treasuries based on fundamentals unless we are headed for a period of dramatically weaker growth that is accompanied by extremely low inflation, an outcome that appears unlikely. Rationally, we should expect yields to rise going forward.