Authored by Michael Maharrey via SchiffGold.com,
A Reuters article by Stefano Rebaudo argued that the Federal Reserve might welcome a “bond market tantrum” that pushes bond yields higher. But does the Fed really want higher interest rates? And what would that mean for the economy? Despite the post-pandemic economic improvement and wide expectations that the Fed will begin tapering quantitative easing in the near future, bond yields have remained stubbornly low. Ten-year Treasury yields remain stuck just above 1.3%.
Analysts cited in the Reuters report said the Fed “needs bonds to respond to the end of the pandemic-linked recession.” ING […]
Read the rest of this story here: www.zerohedge.com
Protect Your Finances Today
Precious metals are historically the most reliable and safest hedge against economic turmoil. With Joe Biden and the Democrats making a mess of an already chaotic financial situation due to the pandemic lockdowns, it’s important for patriotic Americans to take control of their financial future.
Our Gold Guy offers consultations to those who want to invest in precious metals. During these consultations, we will match your current financial situation with the best precious metal purchases. You will not talk to a telemarketer or sales rep. You will talk to a true expert in precious metals with decades of experience helping people protect and advance their wealth.
Fill out the form here and we will schedule a precious metals consultation.
