Jeff Uscher writes: Amid all of the hoopla over the Standard &
Poor's 500 Index touching 1,500 on Friday, it seems few people noticed
that the yield on 10-year U.S. Treasury bonds has risen to within a
couple of basis points of 2%. That is nearly 30 basis points higher than
it was one month ago and 10 basis points higher than one year ago.
It seems as if the bond market is beginning to price in higher inflation at the long end of the yield curve, and that is something that has got to be worrying the Fed.
Read more: http://www.marketoracle.co.uk/Article38758.html
It seems as if the bond market is beginning to price in higher inflation at the long end of the yield curve, and that is something that has got to be worrying the Fed.
Read more: http://www.marketoracle.co.uk/Article38758.html
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