The Fed's Turnaround for Treasury Yields

Brian Krzanoff: It's perverse that funds would flow into U.S. Treasuries when a default means that the government can't pay the bills. But if you look at now through the end of this year, I look for the 10-year Treasury yield to actually go down," he says. "You have a combination of the Fed pivoting and then throwing in the towel even when inflation rate has been higher than targeted"