Cracks Showing in Bond Markets as Central Bank Credibility Is Questioned.
#bonds #yields #inflation #CPI #QE #centralbanks #RBA #taper #FOMC #Australia #Sovereigndebt #ECB #Draghi #brettonwoods #interestrates
Today we will revisit the bond market to see what is going on there and how important it is to the health of the financial system and ultimately the economy.
We will see how the bond market or even maybe the Bond Vigilantes are starting to question the Central Bankers' narrative that inflation is transitory.
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