Losing Control

Tyson: The way this merger's worked out, I have all the titles and you have all the control.

Linus Larabee: I always make it a point to have control.
--Sabrina

Common wisdom is that bond yields are up because of the Fed's anticipated actions. But what if yields are up despite the Fed's anticipated actions.

If the latter is true, then perhaps the Fed is losing control of the bond market.