Credit Vs Inflation Risk

Is Jerome Powell missing the credit risk and economy story? Inflation is coming down slowly. Zed Francis says that term premium is the main shift recently. Should investors have duration in their portfolios as a hedge? There is a wall of supply in the treasury market. The floor for yields has gravitate up dramatically. Credit moves slowly and the focus should be on car loans and credit cards.

Market On Close

22 Aug 2023

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