Peak Inflation Is Wishful Thinking – Ep 799
The Peter Schiff Show Podcast
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Bond Market Rally - The Yield Curve Completely Inverted on Every Point
Yields on five year and ten year bonds took a pretty big hit on the day. But i think what the bond market is potentially forecasting is that, based on this so called benign number, maybe the fed won't have to hike as much as people thought. In fact, if you look at what the markets are expecting, they seem to be indicating that interest rates are going to peak in 20 23 at three and a quarter %. And i don't think we'll ever get to that level. The fet is not going to be able to get rates that high before something breaks.
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