Latest / The Macro Memo with Fexingo: Daily Conversations on Inflation, GDP, and Federal Reserve Policy
The Bond Market's Silent Rebellion Against The Fed
With the ten-year Treasury yield surging to five point two three percent in late September twenty twenty six, bond markets are signaling a loss of faith in the Federal Reserve's ability to control long-term rates. Lucas and Luna dissect why rising yields despite stable short-term policy create a structural headwind for growth, examining the disconnect between the FOMC's thirty-nine basis point reserve balance rate and the broader market's demand for higher compensation on duration risk.
#BondMarket #TreasuryYields #FederalReserve #InflationExpectations #LucasAndLuna…
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