Will the Fed(s) stay the course?
The inflation bogeyman and the bond vigilantes are asking
|Edward Harrison||May 12||5|
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…