Why Inflation Fears Are Rising Again

Oil prices have pulled back from recent highs, but inflation concerns are not going away as markets continue reacting to the conflict with Iran, higher Treasury yields, and uncertainty around the path of interest rates.Mike Armstrong and Marc Fandetti break down why inflation forecasts are moving higher, how energy prices are affecting bond markets, and what incoming Fed Chair Kevin Warsh may face as he takes over during a difficult economic moment. They also discuss whether inflation expectations are becoming unanchored, why mortgage rates have moved back toward recent highs, and how higher borrowing costs are weighing on the spring housing market.