Lorie Logan of the Dallas Fed gave a recent speech in which the term premium figured. Although I think Logan’s remarks are fairly innocuous, I saw some chatter that extended to a “oh no, fiscal!” story. In the speech, Logan ran through the difficulties with measuring the term premium, and various approaches to the topic. She concluded with:
Comments On Logan Speech
Comments On Logan Speech
Comments On Logan Speech
Lorie Logan of the Dallas Fed gave a recent speech in which the term premium figured. Although I think Logan’s remarks are fairly innocuous, I saw some chatter that extended to a “oh no, fiscal!” story. In the speech, Logan ran through the difficulties with measuring the term premium, and various approaches to the topic. She concluded with: