EUSC - The Real Tantrum Should Be Over The Disturbing Lack Of Celebration (Higher Yields)

• The Fed isn’t the only central bank on the “hawkish” warpath. Others have begun to raise rates, while over in Europe the ECB is ahead in terms of its plans to scale back QE (taper).
• If bond yields were to have gone way up like they were supposed to, they’d say it was because the ECB was successful with its QE in finally solving the inflation/growth puzzle.
• There’s no tantrum anywhere because unlike 2013 there actually isn’t the smallest cause for even a brief celebration. There’s only central banks and their ridiculous straight lines.

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