>From the Tyson article:
Higher prices in turn mean higher interest rates, as lenders insist on higher returns to protect against future inflation and as the Federal Reserve acts to quell inflation by raising short-term interest rates. And higher interest rates mean lower prices for financial assets like stocks and bonds. The implication of this chain of simple economic logic is clear: nflation is a common threat to Americans as workers and as investors.
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I noticed this when I read it on paper at lunch and forgot mention it. She says higher interest rates mean lower prices for sticks and bonds. I thought the price of bonds went up when interest rates went up. Am I missing a 'not' operator in my thinking somewhere?
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Joseph Noonan jfn1 at msc.com