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SURV_podcast_05-27-22_1Surveillance: Fed Mistakes with El-Erian (Podcast)

Bloomberg Surveillance

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The Fed Will Not Be Concerned by a Tightening in Financial Conditions

Furtherow: The fed's not well served by the market, softening up financial conditions andt they want you all to think that they're hawkish. And if you go now, it changes behaviour later in the year,. If we see an ongoing return to sort of frothier conditions, or perhaps buying the diff kind of mentality. I'm a bit concerned because we're forecasting lower yields by year end. We have a two point five % on your treasury forecast. And i'm a bit worried at its happening too soon.

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