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Rising Interest Rates: Why The Narrative Fails Against The Data
Rising Interest Rates: Why The Narrative Fails Against The Data
Authored by Lance Roberts via RealInvestmentAdvice.com,
Last Friday closed with the 10-year Treasury yield at 4.60%, a one-year high, and the doom commentary about rising interest rates was waiting before the bell even rang. Hyperinflation. Bond market breakdown. Paradigm shift. A 1981 fair-value retest. The Fed is about to “push the brrrr button” or pop “the everything bubble.” If you spent any time on social media over the weekend that followed, you saw a version of every one of those.
So I posted a short thread...
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