Is the Economic Rebound Going to Continue?

Gafney: I don't buy delayed responses in markets, so this isn't likely a delayed response to jerome powells perceived hawkishness yesterday. But what is happening in rates? Ye, we're seein the curves steepen, i think it's just a move by bond investors believing that,. you know, tha, the economic rebound is going to continue. Wow. With o doa ten year yield is all of a sudden above one forty ye. What on earth is going on? Thits, get over to criff gafney right now. He's president of world markets, a t i a, a bank and a trader.