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Will the Fed(s) stay the course?

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Will the Fed(s) stay the course?

The inflation bogeyman and the bond vigilantes are asking

Edward Harrison
May 12, 2021
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Will the Fed(s) stay the course?

pro.creditwritedowns.com

This post on the bond vigilantes is inspired in part by my friend Kevin Muir and a post he just did over at The Macro Tourist. It's also inspired by the inflation numbers that came out of the US earlier today. The question to answer: how will the bond vigilantes respond? And what will the Fed(s) do?

Americans paid not to work

Let me start with an addendum…

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