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Bond Market’s ‘Game of Chicken’ With Fed Is Set for a Reckoning

https://www.bloomberg.com/news/articles/2021-03-13/bond-market-s-game-of-chicken-with-fed-is-set-for-a-reckoning
Investors are again reassessing one of the bond market’s premier reflation trades — the curve steepener — as expectations for growth and inflation perk up at a clip that was hard to imagine just a few months ago.