The Bond Market Is Calling The Fed’s Bluff On Inflation

Inflation isn’t just a chart, it’s a pressure you feel at the pump, on your credit card bill, and in the interest rate attached to almost everything. We dig into the week’s CPI and PPI readings, why core inflation still makes the Fed’s job hard, and how futures markets are pricing the next rate hike. Then we connect the dots to the bond market, where the 10-year Treasury yield pushing toward 5% signals real concern about inflation and tighter financial conditions. Energy is the wild card we ...