I’m Rich Miller, an enterprise writer on the economy in Washington, and today we’re looking at the impact of rising US yields. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X (formerly known as Twitter) via @economics. And if you aren’t yet signed up to receive this newsletter, you can do so here.
Don’t pop the champagne corks to celebrate a soft landing for the economy just yet. A fresh headwind is blowing that, combined with other breezes, threatens to blow the US off course.