With 10 year yields continuing to rapidly rise (today closing solidly above 3%), oil holding strong, the DXY up and stocks experiencing the worst day since 2020 the market seems to expect the current rates, growth and inflation environment to persist or worsen.
Stagflation and the worst day since 2020
Stagflation and the worst day since 2020
Stagflation and the worst day since 2020
With 10 year yields continuing to rapidly rise (today closing solidly above 3%), oil holding strong, the DXY up and stocks experiencing the worst day since 2020 the market seems to expect the current rates, growth and inflation environment to persist or worsen.