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Wall Street is afraid of the wrong thing when it comes to Trump’s trade wars





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  • Wall Street is on the fritz again about rising bond yields.
  • The concern stems from a misguided fear that tariffs and a potential trade war will raise inflation more than they hurt growth.
  • “Tariffs and other protectionist measures do not create inflation, they just lead to a temporary increase in the price level,” writes Roberto Perli, ex-Federal Reserve economist and partner at Cornerstone Macro LLC, in a research note.

Rising US bond yields are making stock investors nervous again — but many on Wall Street are worried about the wrong thing.

The spike in 10-year note rates above 3% in read more >>>

Source:: BusinessInsider.Com

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