Why Is The United States Still Exporting Fuel?

Reuters

Analysis-Nerve-racking week leaves bond investors calling for fast rate hikes

A series of surprise actions by some of the world’s largest central banks fretting about runaway inflation has left bond investors battered. Until central banks are able to bring down inflation, some investors said, markets will not have any certainty about rates. “We’re seeing these sort of rate hikes in an economy that is clearly slowing, and it creates this extraordinary uncertainty on how much will inflation come down and how much the Fed will have to go,” said Rick Rieder, chief investment officer of global fixed income at BlackRock, the world’s largest asset manager.