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.

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Speaker

Michael Pento

Evidence 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.

Source

$3,500 GOLD – IS A DEPRESSION NEXT? | MICHAEL PENTOSoar Financially
Created: 6/18/2026, 1:59:11 PM

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