Fed rates and bond market rates going up.
https://blog.sentinel-team.org/p/special-report-rising-bond-...
https://www.cmegroup.com/markets/interest-rates/cme-fedwatch...
Is the theory still sound for raising rates to control inflation under these circumstances? Not completely unsound, but I think less effective when inflation is driven by energy prices, than when the inflation is driven more by financialization.
Your first link is from October. The second link is current prediction for fed rate changes, which doesn't help anyone understand changes from this PPI report, and the last link is the yield curve, which just shows that long term rates are higher than short term rates (generally seen as indicative there's no near term recession risk).
Are bond market rates going up in response to this? I'd actually like to know.
> Fed rates and bond market rates going up.
For anyone confused how the fed rate could go up without a fed meeting; it cannot. The above is shorthand for market predictions of the fed rate going up.