Here’s the problem the Fed is fueling — and it’s not inflation, strategist says

The recent spike in bond yields finally has the attention of Federal Reserve policy makers. Gov. Lael Brainard said on Tuesday that “some of those moves last week and the speed of the moves caught my eye.” San Francisco Fed President Mary Daly said the central bank could alter the maturity of its bond purchases — or even, as it has done before, sell shorter-term securities to buy longer-term government bonds in a so-called “twist.”
Read more: https://www.marketwatch.com/story/heres-the-problem-the-fed-is-fueling-and-its-not-inflation-strategist-says-11614771836?mod=home-page?source=Snapzu