25 January 2024
After a delicate dance of interest rate increases, Jerome Powell has declared victory on inflation and says to expect looser monetary policy this year. But with junk bond spreads not widening nearly as much as one would expect during an era of economic tightening, you’ve got to wonder if money is still actually looser than the Fed’s […]
The post Bonds Away: Rate Cuts and Junk Debt in 2024 first appeared on SchiffGold.