One thing I have definitely learned as I have grown older is that there is always someone smarter and more eloquent than I! This is great news because I have received many questions and comments on my recent post regarding Yield Curve Controls. This week, I thought it would be appropriate to connect you to a really well thought out Bloomberg article on Yield Curve Controls since it is such a hot topic right now—especially given Chairman Powell's comments after the Feds meeting this week. I think we all need to get familiar with the potential for this to occur.
Final, final thought: I rediscovered Lucky Charms this week. I need to put some "controls" on my consumption—but I do suggest trying at least one bowl. And don't steal all of the marshmallows!
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