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Bond Massacre, Inflation Prick Biggest Bond Bubble in History

Summary:
The dollar’s role as dominant global reserve currency is at risk if the Fed fails to crack down on inflation.

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The dollar’s role as dominant global reserve currency is at risk if the Fed fails to crack down on inflation.
Wolf Richter
Founder, Wolf Street Corp. In his cynical, tongue-in-cheek manner, he muses on WOLF STREET about economic, business, and financial issues, Wall Street shenanigans, complex entanglements, and other things, debacles, and opportunities that catch his eye in the US, Europe, Japan, and occasionally China.

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