How Long Can High Rates Last? Bond Markets Say
Maybe Forever
Traders bet on a higher long-term funds rate than Fed.
Neutral rate shift sets up a limit to gains in Treasury bonds.
My take:
Higher interest rates, please: The Fed must raise
its long-term target for a soft landing by VIVEKANAND JAYAKUMAR - 06/07/24
Back to the future? The new interest rate normal
might look a lot like the pre-crash era by VIVEKANAND JAYAKUMAR - 11/09/23