Here's Why Bonds Are Pausing, and Why Yields May Resume Their Rise
Here's Why Bonds Are Pausing, and Why Yields May Resume Their Rise The possibility of lasting inflation is very real, and that possibility likely will result in bond yields continuing to rise. Apr 21, 2021 | 10:30 AM EDT While U.S. economic reports keep surprising to the upside, bond yields fell for the second week in a rowThis strange dichotomy has brought rise to a theory that perhaps macro data are peaking, which in turn will remove any catalyst for bond yields to keep risingWhile I think it is likely that the data are peaking in a certain sense, this makes for... ...