One adage that I’ve heard is “you can’t fool the bond market”; and I guess that makes sense. It dwarfs the stock market in $$ terms. But I see my spreadsheet on I series bonds (used as short term savings, because checking only pays 1/10th of 1 per cent!) shows yields varying from 3 to 4 per cent. Better than a kick in the pants, but inflation is ticking up more than that. Is that what we’re seeing here, is foreign bondholders cashing out and chasing higher yields?
Shouldn’t the FED be raising interest rates?
Total yield? What's the coupon? Before the inflation payout.
The 10 year bond currently yields 4.4%. If they were cashing out, yields would be much higher.