Why the bond market is an economic crystal ball

Interest rates on government debts are set by where the market thinks the economy is headed. Fed rate hikes and a disappointing inflation report have pushed bond yields higher. Today, we’ll look at what they’re telling us about the future of the economy. Plus, more stores accept SNAP for online groceries, more school principals are quitting or retiring, and a Los Angeles distillery bets on more nonalcoholic spirits sales.