Concerns About The US Bond Market Discount

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.

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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

Disclaimer: This publication has been prepared by the Economic and Financial Analysis Division of ING Bank N.V. (“ING”) solely for information purposes without regard to any ...

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