An excerpt from Talking Data Episode #10: Is the Bond Market Finally Waking Up? – From 10/7/2020
Think of the Fed as a post and the bond market as a horse tied to that post. The horse will remain in place, tied to that post, unless spooked by inflation. The horse has the ability to rip that post from the ground and run wild. The post cannot stop a scared horse.
Full Podcast: Talking Data Episode #10: Is the Bond Market Finally Waking Up?
Newsclips: Is the Bond Market Finally Waking Up?
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