Too funny!
A month ago, there was a big stock market surge because Donald Trump got elected as President.
Now there’s a big bond sell-off because, as it turns out, Donald Trump is an inflationary risk.
I mean, we already knew this when Trump was elected, but now the Fed’s implying that too.
https://www.cnbc.com/2025/01/08/10-year-treasury-yield-jobs-data-fed-minutes.html