Browsing: U.S. 10 Year Treasury

Federal Reserve Governor Michael Barr said Tuesday he would be prepared to support an interest rate hike if inflation doesn't ease.

There's something telling in how the smart money on Wall Street has started to think about socialism. The moral of the story isn't really about socialism, though, but about the very real pain in store for American households from the bond market if the actually-in-charge capitalists don't get their act together.