Yields Hit 5%, Now What? The Data the Fed Should be Using, and Harker’s Case Against Rate Hikes 10/20/23
The yield on the 10-year note hit 5% for the first time in 16 years, a five-star fund manager gives us his duration timeline. Why consumer is even stronger than you may think, and the hidden tax break for homeowners. Plus, Philly Fed President Patrick Harker has a very specific reason for keeping rates where they are.