Odd Lots cover image

Austan Goolsbee on the 'Golden Path' to a Soft Landing

Odd Lots

CHAPTER

Navigating the Bond Market and Economic Challenges

This chapter explores the current bond market, focusing on the recent sell-off of long-term treasuries and rising yields influenced by Federal Reserve policies. It discusses the complexities of achieving a 'golden path' soft landing amidst inflation and economic uncertainty, while contrasting present conditions with historical precedents. The dialogue also highlights the evolving dynamics of supply chains and labor markets in the post-COVID era, underscoring the unique challenges facing economic recovery.

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