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May 26 2022

Have Bond Yields Reached A Mid-Cycle Equilibrium?

  • May 26, 2022

The surge in bond yields this year has certainly wreaked havoc across the economy. The abrupt and sizable rise in the yield structure has proven to be a shock for consumers, homebuyers, and businesses on Main Street; it has also been destructive for stock and bond investors on Wall Street. Although higher yields should help moderate inflation, they have slowed real economic growth and raised recession fears.

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About The Author

James Paulsen / Chief Investment Strategist