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Economic··Severity 7

‘You Can’t Fool the Bond,’ Says BofA’s Cabana on the Fed

Mark Cabana, head of US rates strategy at BofA Global Research, says the Federal Reserve now has a credibility issue as he discusses the bond market’s reaction to last week’s interest rate decision from the Fed. (Source: Bloomberg)

Scenario chain

Probabilities below are model estimates based on the event chain, horizon, and indicators. They are not outcome guarantees, investment advice, or emergency instructions.

A

Эскалация

38%

Forecast derived from cascade analysis. Watch confirmation indicators below.

Primary source: Bloomberg Markets

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