The 10 year notes have been in a downtrend since inflation got seriously noticed back in the summer. And even sharper in the last month.
just a thought...
the bond market is torn between a couple different forces. one is the fact that growth is stagnant. the other is our recent surge in inflation. after the reopen bump in growth, i think we will see growth go back to very weak.
Bear. Interest rates vs bonds. If interest goes up, is that not bearish bonds? I understand how lack of growth has an affect. But the "rumor" has been that the feds are going to raise rates. Could bonds be bearish on the rumor as well?