Bonds Have More Fun

(1) Wrong-way bond forecasts. (2) Tethered at the hip. (3) Bond Vigilantes vs Yield Reachers. (4) US bond yields remain outstanding in a world of NZIRP, ZIRP, NIRP, and QE. (5) Low inflation driving bond yields. (6) Economic surprise index also driving bond yields. (7) Yields fall as consumer optimism rebounds. (8) The trade war’s impact. (9) Summers and Krugman attack Kelton’s MMT. (10) Our argument against MMT: Too much debt weighs on growth and can be deflationary.