Investors’ Inflation Expectations Are Pushing Up Borrowing Costs
Axios, Feb. 16, 2021–Dion Rabouin
Bond investors are looking past last week’s tepid consumer price index report that showed U.S. inflation rising at just 1.4% and continue selling out of Treasury bonds in a big way, pushing yields from the benchmark 10-year note to their highest since mid-March on Friday. (MBA mention)
https://www.axios.com/investors-inflation-expectations-borrowing-costs-ffa77110-d8d7-4dd3-a0d1-783aba5cde71.html