Ed Yardeni: Bond market wants Fed to be more vigilant on inflation

Your next guest also believes the Fed may have to hike. Joining us now is Ed Yardeni, president of Yardi Research. Ed, welcome.>> Thank you. >> And and you're saying in some ways Worsh failed Yes. his first credibility test with the markets here.So explain. >> Well, it's clear that the uh bond market uh is looking for the Fed to be more vigilant about inflation. And so the bond market I think initially was very pleased when in June and again in July uh at the FOMC meeting minutes showed FOMC statement showe ...