A weak economy may briefly rally the long end of the bond market (prices up, yields down), but this will be truncated because once the Fed cuts to 1% and resumes QE and ZIRP, inflation will move well into the double digits and long-end yields will go much higher.
forecastpending
Speaker
Michael PentoEvidence Quote
“inflation is going to go well into the double digits and the long end of the bond market is going to go much higher.”
Created: 6/18/2026, 1:59:11 PM
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