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CNBC's "Fast Money"

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The Bond Market Is Telegraphing Again

The bond market is clearly expecting the Fed to continue to raise rates for a period of time. I think where the bond market is off is an inversion that is implying a Fed that's going to have to change its tune relatively quickly, i.e. before the end of this year. Roger Ferguson: We're in the early innings of the market and the economy feeling the effects of what's been going on.

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