In today's Early Look, CEO Keith McCullough explained why inflation will remain #HFL Higher for Longer in Global #Quad2.
From their coffee to their chocolate (Cocoa is inflating another +3.5% this morning to +240% year-over-year), to their bacon and eggs, you’d think 1 of the 785 “economist” wildebeest at The Fed might notice what the Bond Market did?
A) UST 2yr Yield ramped another +12 basis points last week to +20 basis points in the last month
B) UST 10yr Yield ramped another +19 basis points last week to +26 basis points in the last month
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