The Bond Buyer – Hank Smith Head of Investment Strategy spoke with The Bond Buyer as positive economic data caused U.S. Treasuries to weaken and money poured into municipal bond funds. When discussing wage inflation, Hank stated, “the macro forces that have kept inflation low for the past 25 years, are still in place. Globalization or the oversupply of labor worldwide, technology and demographics aren’t going away in the next year.”
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Click to Read Article – NewsEdge