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The Fed's Long-Term Interest Rate Outlook for Bond Yields
Growth might be slowing and yet inflation which is itself slowing remains stubbornly high. The prospect of a you know a five percent yield on the 10 years or 30 years is pretty remote, he says. "I think once we get past this kind of phase of higher inflation and supply chains and stimulus when we get say in 2023 2024 the economy is probably going to be slower inflation will come back down"