The Fed has been slowly chipping away at its ultra-easy monetary policy by selling its holdings of corporate bonds and hiking technical rates. And why shouldn't they, says ING's, Padhraic Garvey? The US economy is running pretty hot, but the bond market seems to be saying 'hold your horses’. We’re not sure about 2023, 2024, and beyond.
Video Length: 00:01:58
Concerns about the US bond market discount
Over the past few weeks, the US Federal Reserve has been slowly chipping away at its ultra-easy monetary policy by selling its holdings of corporate bonds and hiking technical rates. And why shouldn't they says ING's Padhraic Garvey. The US economy is running pretty hot, but the bonds markets seems to be saying 'hold your horses.’ We’re not sure about 2023, 2024, and beyond




Comments
Log in or sign up to join the conversation.