Michael Shaoul: Reflation Risks Rise as Rate Cuts Fade

Michael Shaoul warns that interest rate cuts are off the table as reflation risks build alongside $100 oil and rising input costs. He says bond markets are signaling stress, with the 30-year yield climbing as fiscal policy clashes with investor tolerance. Shaoul argues the Fed may need to act more aggressively to avoid a disorderly move in fixed income.

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