The term “term premium” is skyrocketing into the zeitgeist literally as I type this! #termpremium #oddlots @goolsbee.bsky.social @deanbaker13.bsky.social @weisenthal.bsky.social @tracyalloway.bsky.social

(There are no #BondVigilantes in sight) A model-based estimate of the nom UST #TermPremium remained low relative to its long-run history despite edging up through March, chart @federalreserve www.federalreserve.gov/publications...