Jim Bianco: If the Fed is no longer going to be vigilant about fighting inflation, then US Treasuries are a sell.
The probability of another rate hike is deflating, especially for a November hike (green). Is this why yields are shooting higher? If the Fed is no longer going to be vigilant about fighting inflation, then US Treasuries are a sell. pic.twitter.com/bQianKo0Uh — Jim Bianco (@biancoresearch) September 27, 2023 Many do not understand the implications of …