Episode 23: Is A Bond Revolt Coming? With Thomas Thornton
About this episode
US stocks have been selling off as investors nervously watch treasury yields march higher. What is the bond market afraid of? Maggie Lake sat down with Tommy Thornton, Founder of Hedge Fund Telemetry to discuss the volatility in bonds. Tommy thinks investors are nervous about the election, nervous about inflation and think the Fed was wrong to cut rates aggressively in September. He is worried a bond revolt could send yields higher and stocks lower. When market veterans like Tommy get nervous, we listen up.
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