Real Vision: Finance & Investing cover image

Did Powell Let The Bond Bears Out?

Real Vision: Finance & Investing

00:00

The Fed and Powell Are the Student of the 70s, Volcker Playbook

Powell is using the same verbiage and it's pain. He has said this repeatedly since his very first Jackson Hall speech that we have the Volcker playbook. The markets did react today, but really the two year treasury now rose to 5% high since 2007. It's more of an error here to stop too soon than to go too far.

Play episode from 02:20
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app