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Lacy Hunt, Treasury Bond Bear at Hoisington, Sees Risk of Fed Mistake, Inflation

Source: Bloomberg

Interest Rates & YieldsCredit & Bond MarketsInvestor Sentiment & PositioningAnalyst Insights

Lacy Hunt, the 84-year-old economist behind Hoisington Investment Management's more than 30-year US bond-market bullish stance, has shifted to a bearish position alongside his colleagues. The reversal signals a notably more pessimistic outlook for US bonds from a long-standing fixed-income bull, though the excerpt provides no specific forecast or trade rationale.

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