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When the stock market celebrates, the bond market spoils the party

Price pressures aren't really abating, and bond investors know it

There are no easy wins for investors in this climate, nor easy decisions for central banks
There are no easy wins for investors in this climate, nor easy decisions for central banks Photo: Getty Images

Ben Emons is a managing director of macro strategy at Medley Global Advisors

US Federal funds futures keep being repriced at a higher rate amid a strong economy and out-of-control inflation.

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