Sunday, 29 November 2015

US Bond Market Week in Review: Diverging Oil Price Predictions and Rising Junk Yields, Edition

     One of the central debates occurring within the Fed regards the causation of current inflation weakness.  Some, like Fed President Bullard and Chairman Yellen argue low oil prices are solely responsible for the weakness.  Ohers like President Brainard and Chicago Fed President Evans see a more nuanced picture involving declining international trade negatively impacting a wide swath of commodity prices.  Regardless, this week various organizations published stories to support and counter each argument.  As for oil prices,



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