Surveillance: The Fed & the Labor Market
Bloomberg Surveillance
00:00
Do You Feel Uncomfortable When Everyone Starts to Share Your View?
Inflation is still stubbornly high. And so if we have kind of a plateauing or a moderation inflation, I think bonds can certainly act better. The first four and a half months of this year was all about stagflation. It got a little bit better over the summer than as you've seen again, bonds have sold off quite rapidly. So I think around the 4% level on the 10 year, there is more value in bonds here to do their job in a volatile environment.
Play episode from 28:05
Transcript
