Inflationary Pressures, Short-Term Versus Long-Term

The Ten-Year Treasury (TNX) yield coming down 23 basis points in the last few months is quite shocking, says George Cipolloni III of Penn Mutual Asset Management. He looks at inflation as short-term pressures versus long-term pressures, with short-term experiencing higher costs such as shipping. He says company earnings have to continue to do good or else we may see some volatility.

Market On Close

09 Jun 2021

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Inflationary Pressures, Short-Term Versus Long-Term

The Ten-Year Treasury (TNX) yield coming down 23 basis points in the last few months is quite shocking, says George Cipolloni III of Penn Mutual Asset Management. He looks at inflation as short-term pressures versus long-term pressures, with short-term experiencing higher costs such as shipping. He says company earnings have to continue to do good or else we may see some volatility.

Market On Close

09 Jun 2021