Bodnar of MMG: Heightened Inflation Fears Fading

Bill Bodnar of the Mortgage Market Guide (MMG) notes that this week we watched long-term yields improve along with stocks hitting all-time highs. The American Jobs Plan was released and time will tell whether it is stimulative to the economy or not.

Bodnar says the MMG doesn’t see consumer inflation being a problem longer-term and it appears as though the bond market is sensing that as well.

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Source: themortgageleader.com