War Protest: Bond Market Edition
War Protest: Bond Market Edition There’s no quicker way to classify the movement we’ve seen over the past 2 weeks. The market is actively protesting the war in Iran–not because it’s a sentient being that cares about violence, but rather because the implications for inflation, economic uncertainty, and Treasury issuance on not great. There weren’t even any major developments today–just a few newswires that suggested…
