The Credit Writedowns Newsletter

Share this post

What the Fed needs to do this week to assuage the bond market

pro.creditwritedowns.com

What the Fed needs to do this week to assuage the bond market

Edward Harrison
Mar 19, 2019
Share this post

What the Fed needs to do this week to assuage the bond market

pro.creditwritedowns.com

This is a follow-on to yesterday's post, where I argued that we are in a holding pattern regarding the thesis that global growth deceleration has ended. The equity markets are positioned as if that thesis is true. But the bond markets show greater caution.

The key is that both markets have rallied. They are both doing well at the same time. But this can'…

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2023 Global Macro Advisors
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing