Surveillance: 2023 Expectations with Knutzen
Bloomberg Surveillance
00:00
The Bond Market Got the Fed Wrong at the End of 2021
The bond market was never convinced that run-of-only inflation was here ever. The Fed is still going to keep Interest rates elevated. They've already said that and so the bond market is anticipating that we're still going to see what five six percent inflation Six months, but a year from now it's going to be much closer to the two percent target We talked to Ed Yardini yesterday who was saying That you haven't really seen anything break You've seen Implosions here and there in crypto notably, but there hasn't been any contagion across the entire financial system.
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