Risk
Should We Even Care If the Yield Curve Inverts?
It’s a classic recession portent. But inversion’s predictive record is spotty.
It’s a classic recession portent. But inversion’s predictive record is spotty.
Higher rates are no friend to bond portfolios, but they make life easier for DB plans.
Former New York Fed head Dudley thinks the central bank’s quest is doomed. Is he right?
The Fed has distorted the Treasury landscape, says a Bernstein savant. Without its bond buying, the 10-year would be yielding 3.7%.
Probably not, says LPL’s Detrick, as he trots out some historical precedents.