3min chapter

Forward Guidance cover image

Liquidity Spiral In The Bond Market Is Causing "Tremendous Stress" | Jim Bianco

Forward Guidance

CHAPTER

Bond Market Blows Up, but No One's Blown Up

The Fed is trying to reposition the entire bond market for a coming period of persistent inflation. This process of change is very difficult on markets and that this process is not over yet. For many years, we're going to be at a higher interest rate regime. The minute you come out of recession, interest rates will go back up.

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