Tony Crescenzi, portfolio manager and market strategist at Pimco, said the market is also pricing in the fact that the Treasury will have to issue a lot of supply to pay for fiscal stimulus, given the most recent $1.9 trillion package and prior pandemic programs.
He said the stock market would be concerned if the pace of the interest rate move remains rapid, but if it is able to adjust to the increases gradually it would not be a problem. "By indicating it will delay its rate hike until inflation picks up and employment goes back to maximum employment, the anchor for inflation expectations is not as strong," he said, "That's what's letting the inflation component in the rise in yields become unleashed, to an extent."
We don't buy bitcoin We earn bitcoin From Mining I'm ready to show 10 lucky people on how to earn 1BTC (57,000) and more daily! No referral No withdrawal fees Interested people only Kindly send us a DM
CNBC has been lying about interest rates and bond yields all day
Really
If the FED isn't buying, nobody else is going to buy. The only reason to buy bonds was for capital gains; to sell to the greater fool (i.e. the FED).
Investors! There is only ONE the most important thing you need to know about StockMarket - WE ARE IN THE BIGGEST STOCKMARKET BUBBLE IN HISTORY!!! 196% Ratio of StockMarket CAP to GDP!!! SIGNIFICANTLY OVERVALUED!!! DON'T LOSE YOUR MONEY!!!
Adjust to what? They didn't make any changes yet! Rising Bond rates means 20% StockMarket correction!
Powell wants to ignore monetary history. The market is infatuated with it. Obsessed even. federalreserve stlouisfed Arthur Burns. Paul Volker. monetaryPolicy economics econ101 stocks Finance
Please donate, share or retweet, help baby Joshua win his fight against acute lymphocytic leukemia (ALL)—blood cancer. He’s relying on the success of chemotherapy & a life-saving stem cell transplant. Please help to give Joshua a fighting chance:
People need a little more good news now.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: MarketWatch - 🏆 3. / 97 Read more »