The Fed Proposes, the Bond Market Disposes

Here’s what almost everyone is wrong about. There’s a debate about whether the Fed should gradually “normalize” interest rates over the next few years. And indeed the Fed has laid out a plan to raise rates into the 3% to 4% range over the next three years. Unfortunately, the Fed doesn’t get to decide the […] View the full post at: The Fed Proposes, the Bond Market Disposes Related posts: The Massive Back Bid in the Corporate Bond Market Navigating the Bond Market; Where Should People Invest These Days? The Coming Collapse of the Muni Bond Market