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MacroVoices #298 Jeff Snider: I agree with Janet Yellen and Jay Powell

Macro Voices

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Bond Yield Predictions - Is There Room for Secular Inflation?

Anneraus: I don't think there's reason to get too concerned until we get past about one spot, 75 or so. That seems to be the red line on the sand where people start to panic. The question is, if we're headed toward lar inflation, you're going to hear jeff snyder make the argument that, hey, that never happens unless the bond yield predicts it first. And that's not happening yet. Anneraus: If it's not monetary inflation driving it, then the expectations about how long it lasts will change substantially.

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