Good morning. Assessing the reason for the move up in US yields -- both the levels and the steepening of curves -- is as complicated to ascertain with confidence as what Friday’s surprising jobs number means for the economy and policy making. It’s particularly relevant for a Federal Reserve policy meeting this week facing the “real vs head fake” question. Where the Fed ends up will depend in part on the depth of its "insurance" mindset. #economy #markets #yields #federalreserve #investing #equities #assetallocation #fed #investmentmanagement #centralbanks #economy #markets …see more