What Gandalf, capped bond yields have in common: Morning Brief

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Thursday, February 10, 2022

‘The Lord of the Rings’ wizard has nothing on yields that refuse to pass 2%

Bond yields have been on the march, testing their highest levels since before the onset of COVID-19, just as the Federal Reserve embarks on a rate hike campaign to tame inflation.

Yet with data Thursday morning expected to show the highest U.S….


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