US Bond Market Week in Review: A Look At the Dissenter's Arguments

            At the last Fed meeting, a majority of Federal Reserve governors voted to raise rates.  Citing the combination of a strong labor market and the expectation that inflation would return to 2% in the intermediate future, a majority of the board voted to raise rates an additional .25%.  But two governors dissented: Neal Kashkari and Charles Evans.  Each provided a good reason their respective dissent.