Friday, December 10, 2010

Abigail Doolittle: The Bond Bust Has Begun

I wrote my piece, Clueless WSJ on Fed Activity, before reading Abigail's latest report. The report is right on, she is correct when she states that the great bond bull market may be over.

She is also correct in pointing to inflationary expectations as one of the primary causes of the current hike in rates, a full 100 basis points in less than a month. In other words, she is miles ahead of WSJ.

No comments:

Post a Comment