Fed Needs Clear Inflation Target and Messaging, Clarida Says

Richard Clarida is with us. With Pimco of Columbia University, always and always. The vice chairman and former vice chairman, I should say the Federal Reserve System.And I think, you know, we're going to straddle here between Bloomberg money and everything else. Yeah. And we got to start with what we saw in the bond market this week because, uh, we had a selloff in the 30 year yield this week reached a 19 year high 5.26%.Rich Clara does the sell off in the long bond. Tell us anything about the U.S. economy ...