Why are bond yields anomalously rising following the September rate cut?
By incredibleutility @ 2025-01-07T15:49 (+2)
Is this:
- Rising inflation expectations?
- Pricing in explosive AI growth?
- Volatility expectations?
- Something else?
David T @ 2025-01-07T17:49 (+1)
I think poor economic growth figures in a number of countries and the anticipated volatility, inflation and economic performance following the election of US President signalling enthusiasm for trade wars (and with a track record of deficit spending to pump stock markets) is likely a bigger issue than any development in AI in the last quarter
incredibleutility @ 2025-01-07T15:50 (+1)
Potentially related to: https://forum.effectivealtruism.org/posts/8c7LycgtkypkgYjZx/agi-and-the-emh-markets-are-not-expecting-aligned-or