By David Enna, Tipswatch.com
Opinion: Nominal and actual yields for mid- to longer-term Treasurys are decrease than they need to be. The Federal Reserve is aggressively tightening, sending clear indicators it desires rates of interest heading larger. However the result’s decrease yields on 5- to 30-year Treasurys.
Why is that this taking place? Some guesses: 1) The bond (and inventory) markets are starting to cost in a slowdown in U.S. financial progress, most definitely resulting in a recession in 2023; 2) The markets…
