Want to create an interactive transcript for this episode?
Podcast: Lykken on Lending
Episode: "You Know My Name" Bonds Know the Game! - Macro Market Update by Les Parker
Description: 08-04-2025 "You Know My Name" Bonds Know the Game!--------------With the loss of jobs, do you know what Fed gives? Odds are you won’t like what it is.Last Wednesday, the slow-to-ease Fed became the soon-to-ease-slightly Fed, but by Friday, the Fed had lost control. A voting member resigned as the market screamed to the Fed, ‘You will ease in September.’ The drama of shooting the ‘weak jobs’ messenger or firing a liar whose figures lie is irrelevant to fixed-income markets that rely on much...