Keep pulling the thread on Enda Curran.
The yield on the 30-year U.S. Treasury bond recently reached its highest level in almost 20 years.
Financial markets are pricing in the possibility that the Federal Reserve may have to raise interest rates later in the year.
Some Federal Reserve officials have publicly suggested that the next interest rate move might be an increase.
Enda Curran believes the recent turmoil in global government bond markets signals that investors are convinced inflation will be a more persistent problem.
The war in Iran is causing spillover effects that increase the costs of petrol, gas, fertilizer, and other commodities.
Kevin Warsh has become the new Chairman of the Federal Reserve Board of Governors.
The recent rise in 30-year U.S. Treasury yields is interpreted by investors as a negative judgment on the U.S. fiscal position and a sign of worry about inflation.
An economist cited by Bloomberg believes the 2% inflation target set by the Federal Reserve and other central banks should now be considered a floor rather than a ceiling.
Federal Reserve officials are publicly stating that they do not see much room to lower borrowing costs in the near term.
Yields on long-term government debt in the UK and Japan have reached their highest levels in decades.
President Trump has publicly criticized the Federal Reserve, blaming the institution for keeping interest rates too high.
A prominent economic theory posits that AI will drive a massive supply-side and productivity boom, which could boost economic growth without triggering inflation.