Yields on 2-year notes climb to the highest since June 2020.
Further articles on the same subject
1. Stocks: all-time highs 2. Home prices: all-time highs 3. Incomes: all-time highs 4. Job openings: all-time high 5. US Core Inflation: highest since 1991 6. Fed: we need 0% rates through at least 2023 & trillions more in bond buying to boost asset prices & increase inflation.
It is clear that post-vaccination Delta infections are more common than prior versions of the virus, such as this preprint from yesterday /4
As the Tokyo Olympics kick off, the pandemic turns Japan’s promise of an economic boost into a headwind