In today’s Big Picture podcast, Jim argues that we are at the end of the bull market in bonds with rising inflationary pressures and a turning point in global bond yields from their all-time lows last summer. He discusses the implications of this, what it means for investors and the markets as a whole before turning to the second part of today’s podcast on the Fed’s decision to raise interest rates by another quarter point. Jim looks at how the market responded and how this fits into the bigger picture.
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