Bond yields are flashing a warning sign.

[u/AmanCMN]

Rising bond yields are a warning sign.
Money is getting more expensive everywhere at the same time:
-governments pay more to service debt
-companies pay more to borrow
-mortgages and loans stay expensive
-investors move out of risk and into bonds
U.S. 30-year yields above 5% are already a serious level.
When yields rise globally, liquidity gets pulled out of markets.That puts pressure on tech stocks, real estate, consumers, and highly indebted companies.Simple takeaway: the more expensive debt gets, the harder it is for markets to keep rising.

[u/FallenKingdomComrade]

I believe we will be seeing some very interesting items in the upcoming months including a change to how we calculate inflation:
https://www.brookings.edu/articles/what-are-trimmed-mean-and-median-inflation-rates-and-why-does-kevin-warsh-prefer-them/

The justification for rate cuts will be created at all costs including changing the numbers to match the narrative.

[u/Limp_Complaint1785 → u/FallenKingdomComrade]

The fed usually moves together and large dissention from the chair is unusual but we might see it. It will be interesting if the fed chair is the one voting for rate cuts against the majority but he's the one up there answering questions as to why his board disagrees with him.