This chapter discusses the current state of treasury yields, including a jump in the 10-year yield and Bill Dudley's opinion on the ideal yield. The speakers analyze the bond market's reaction to the inflation forecast and concerns about high inflation leading to more rate hikes. They also discuss the potential impact of various factors on the economy, such as the pandemic, housing market, and manufacturing.
Bloomberg News Finance Reporter Jenny Surane discusses her Big Take story about investors scrutinizing the cost of surging brokered deposits and FHLB loans as midsize banks bear brunt of higher interest rates. Ben Emons, Head of Fixed Income at New Edge Wealth, shares his thoughts on Fed policy and the markets. Elizabeth Gore, President and CEO of Hello Alice, talks about providing equitable access to credit for small business owners. Bloomberg Businessweek Editor Joel Weber and Businessweek Features Editor Jeremy Keehn share some stories from the Businessweek Magazine’s Heist issue. And we Drive to the Close with Sonia Meskin, Head of US Macro at BNY Mellon Investment Management.
Hosts: Carol Massar and Matt Miller. Producer: Paul Brennan.
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