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The Strong Jobs Market Lie With Jack Gamble

Lead-Lag Live

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The Bond Market Owns the Fed

The bond market is the leader and the Fed is also really following, which is amazing to me because everyone gets so obsessed around weeks like this week. The yield curve itself, the inversion in the yield curve has been a pretty big one. So the long end of the market, the bond market is not buying this hike cycle. They're basically calling the Fed's bluff. And the Fed is selling a different story, but we'll see a couple of months from now if that continues.

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