We still think inflation will be contained. The reality is the economy is going to slow sharply over the next three to six months, and that should keep the Fed from hiking beyond May.

256

There's just not enough of a risk premium built into the longer end of the curve.

230

We are putting our eggs into the two- to five-year spot on the curve.

207

I don't think we'll get there. As long as housing is slowing, the economy will slow, and that takes inflation off the table.

204

If the economy slows, everyone's going to take a hit. It's just some are going to have their legs cut off, and some will walk away with a scab.

161

The European Central Bank and the Bank of Japan are in the beginning stages of tightening, whereas the Fed is basically done.

87