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2026-09-17 13:58:09
[Laffer Tengler: Fed Has No Choice But to Raise Rates, Intending to Calm the Bond Market Rather Than Initiate a Rate Hike Cycle] (1) Byron Anderson, head of fixed income at Laffer Tengler Investments, said in a report that the Fed has no choice but to raise rates, otherwise it will face a larger sell-off in the bond market, as evidenced by the 12-0 vote. (2) He said, "The Fed is trying to calm the bond market, not to signal the start of a rate hike cycle." (3) He said that from now on, the market narrative will conflict with the Fed's view, which means increased volatility.
