This podcast episode analyzes the recent rise in long-term bond yields and the unusual occurrence of it happening while the market simultaneously revises its inflation assumptions downward. As Andrew Sheets discusses, there are questions about whether the rise in yields will lead to equity weakness. He also examines the recent market movements, including the attention-grabbing move by the Bank of Japan to adjust the cap on Japanese government bond yields, Fitch's downgrade of the United States' credit rating, and the robust US economic data. Overall, this episode provides expert insights and analysis on the bond and equity markets for savvy investors.
