Jerome Powell has helped push Treasury yields higher. NAB’s Gavin Friend says the Fed Chair indicated they would look through any short-term rise in inflation as a reason to cut their bond buying.
I wouldn't be confused that I am buying an Aldi caterpillar cake if I am in Aldi. I assume they wouldn't be selling M&S caterpillar cake. Apparently they use less caterpillars in the Aldi cake.