Having already skewered Fed policy by taking it to the next absurd stage, Sheila Bair warns the...
Having already skewered Fed policy by taking it to the next absurd stage, Sheila Bair warns the gang that never saw the housing bubble that they've created a bond bubble. If the market wants to push rates up a bit, she says, the Fed ought to let it. The economy may even benefit as those on the housing sidelines see rates headed north and move into the market.
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