Ed Yardeni
ON THE RECORD · 5 verbatim quotes · every quote source-verified
“They're concerned that maybe the Fed isn't being vigilant enough about inflation; they're concerned about the price of oil,”
Ed Yardeni · said date not stated · reported 2026-08-19
Yardeni explained investor concerns about Fed vigilance on inflation and oil prices during a CNBC interview.
“We're kind of testing the outer limits of where the bond vigilantes are really going to start protesting.”
Ed Yardeni · said date not stated · reported 2026-08-19
Yardeni, who coined the term 'bond vigilantes,' discussed rising bond yields in a CNBC interview.
“But at the end of the day, the bond yield wouldn't be here if the economy wasn't doing well. So I view it as a vote of confidence in the strength of the economy.”
Ed Yardeni · said date not stated · reported 2026-08-19
Yardeni framed rising bond yields as a sign of economic strength.
“It wasn't doing that when the Fed was basically rigging the bond market by keeping the bond yield close to zero by dropping the federal funds rate down to zero. So this ... is kind of back to market-driven interest rates.”
Ed Yardeni · said date not stated · reported 2026-08-19
Yardeni contrasted current market-driven rates with the Fed's earlier zero-rate policy.
“The bond market is actually finally working the way it should work. It's allocating capital efficiently,”
Ed Yardeni · said date not stated · reported 2026-08-19
Yardeni said the bond market is now functioning efficiently to allocate capital.