30-Year Real Yield Near Financial Crisis Level

• Geopolitical risks and higher energy prices are driving inflation expectations and global bond yields higher.
• Concerns about debt, deficits, and massive corporate/Treasury bond supply are also pushing yields up, requiring investors to demand concessions.
• Real yields are rising, and the yield curve is experiencing a 'bear steepener', indicating a shift in market dynamics.
• One analyst strongly believes the Federal Reserve has lost control over the economy and lacks effective tools to manage current price pressures.

The discussion focuses on the global bond market selloff, driven by geopolitical risks, rising energy prices, and concerns over debt and deficits. Analysts highlight increasing inflation expectations, rising real yields, and a steepening yield curve. There's significant skepticism regarding the Federal Reserve's ability to control inflation, with one analyst suggesting the Fed has 'lost control' and is 'cornered'.