PremiumAuthored by Nohshad Shah via Citadel Securities,The renewed exchange of strikes between the US and Iran has pushed oil prices and long-term yields higher, with 30y Treasuries well above 5% and real yields approaching 3%…which increasingly impacts mortgages, corporate investment, AI financing, and equity valuations. Yet the relatively contained response in crude is instructive.
"The Long-End Has Been The Problem": Citadel Securities Bond Boss Says The Fed "Needs To Get Ahead Of The Curve"
With inflation still elevated, employment near maximum, growth above 2%, and another supply shock underway, action now needs to catch up with the rhetoric...
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