SPY Bond yields continued higher this morning as the June personal consumption expenditures (PCE) price index matched forecasts. Core PCE, t
SPY Bond yields continued higher this morning as the June personal consumption expenditures (PCE) price index matched forecasts. Core PCE, the Fed's favorite inflation gauge, increased 3.3% annually. Still way above 2% Central bank inflation target. I think the bond market genuinely fears inflation. Warsh said yesterda