The Bond Market Isn't Worried About Inflation

The bond market isn't worried. Yields fell over the last week and remained low by historical levels, even after rising on the back of fed char j. Powell's speech wed Wednesday. And if markets aren't worried, maybe we shouldn't be either. Despite all the inflationary signs, the market for gold seems to agree with the bond market that the outlook for inflation is benign. Gold futures fell zero point three %, adding to their losses from thursday, when they suffered their largest drop in over ten months. For the week, gold fell five point eight %, its worst one week performance since the week ended march thirteenth, 20 20,. June nineteenth, the price...