BondBloxx: Rates Set to Stay 'Much Higher for a Lot Longer'
Sharply higher U.S. Treasury yields in September reflect market expectations for still sticky inflation stemming from elevated energy costs, JoAnne Bianco, senior investment strategist at BondBloxx Investment Management, said.
S. Treasury yields in September, at levels not seen for decades, reflect market expectations for inflation to remain sticky because of elevated energy costs, JoAnne Bianco, senior investment strategist at BondBloxx Investment Management, said in a note. “The ‘higher for lon…”