Bloomberg Wall Street Week - July 7th, 2023
Wall Street Week
00:00
The 10-Year Yield: A Breakthrough in the Bond Market
The bond market is starting to run out of patience for the Fed to win this inflation war. Inflation is coming down, but it's coming down too slowly because it's been two years now that inflation has been well above the Fed's target. And if it doesn't come down quicker, I think the bond market is going to lose its patience.
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