U.S. Hiring Downshifted Abruptly in August
Bloomberg Businessweek
00:00
Are You Thinking About Inflation?
How do you expect that to play out in markets, and particularly the bond market? Because theoretically, therei be less demand for bonds, i would think, just by the laws of supply and demand, that should make yields go higher. We're actually more positioned for the longer end, say the 30 year, to move back above two %. So a pretty decent move from here. How are you thinking about inflation? Because we did see in this report, i guess you could say the silver lining was wage growth. Some economists fear a wage price spiral. I personally don't think that that's necessarily always in the data.
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