Skip to content

In The News

December 13, 2021

Rob Daly Discusses Inflation with MarketWatch

“The inflation print was expected to be a little bit higher in some parts of the market, around 7%,” and the reason bonds rallied Friday morning “is that there’s a bid for Treasuries, whether domestic or global. The market wants to own Treasuries into year-end, and this inflation print may have been welcomed by the market. The yield curve reflects an overall perception that the Fed is going to tighten too fast. Do I agree with it now? No, but this is the reality of the market right now.” Read the full article here.