Yardeni Research president Ed Yardeni advises savvy investors that bond yields have slipped in a possible economic omen.
“It seems that the bond market just hasn’t really bought into the idea that inflation is coming back, or that economic growth is going to be surprisingly strong,” Yardeni recently told CNBC.
“The stock market seems to be more attuned to that kind of growth,” the Newsmax Finance Insider said.
Although the Federal Reserve remains firmly in hiking mode, raising its federal funds rate target already and indicating it will likely do so twice more this year, the 10-year U.S. Treasury yield is falling, CNBC.com explained.
Some experts interpret this as a sign of volatile investor sentiment surrounding fading “Trump trades” and a renewed set of expectations around economic growth.
On Tuesday, the 10-year yield fell to 2.31 percent, its lowest level since the last week of February.
“After the election, a lot