Fed, Bond Markets Face Off Over Interest Rates

The transcript discusses the ongoing debate between the Federal Reserve and the bond market regarding potential interest rate hikes. Despite the bond market's skepticism, Fed officials suggest that rate hikes are still possible, citing economic indicators such as employment and inflation. The discussion includes insights from Fed officials and market veterans, emphasizing the importance of not dismissing the possibility of a rate hike in June. The potential impact of external factors like Brexit is also considered.

What does the phrase 'don't fight the Fed' imply in the context of the bond market?

What indicators suggest that the Fed may be preparing to raise interest rates?