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- Vigilantes in the bond market are here to stay as debt concerns persist, Ed Yardeni said.
- The market veteran pointed to growing interest payments on the US's $33 trillion debt balance.
- "Just because we had a tremendous rally in the bond market last week, that doesn't mean that problem has gone away."
Bond market vigilantes are here to stay as the US's growing debt pile is too concerning, according to market veteran Ed Yardeni.
The Yardeni Research president pointed to the recovery seen in the fixed income market last week as the US Treasury announced its refunding plans over the next quarter.