The staggering run of bonds

What you need to know about the many types of financial professionals.

The entrenched nature of inflation, including high wages, fierce services spending, increased input costs and supply chain issues, expectations for rate cuts are likely to fade as the potential for another Fed rate increase becomes more likely.

For over a month, I’ve been concerned that markets have been pricing in a pair of conflicting economic scenarios. We first laid out the paradox in early December: equity investors say that they are hopeful for a soft landing for the economy yet seem to relish signals of more overt weakness.