Commentary After 29 months of operation, the Fed will end its large-scale asset purchase program, or Quantitative Easing, on March 11, 2022. While many believe the end of QE is long overdue as it stoked the inflationary fire, others suddenly find themselves facing uncertainty. Bond investors are becoming increasingly nervous as they fear interest rates will rise without the support of the Federal Reserve. There is little evidence to suggest interest rates will continue to rise and bond prices fall without the support of the Federal Reserve. Looking back to the end of Quantitative Easing’s 1, 2, and 3, yields fell at the end of each program. Despite historical evidence that suggests yields will likely fall, investors believe this time is different. With inflation running hot and seemingly out of control, investors are certain rates must rise. Investors believe interest rates follow inflation, which is not true. The Consumer Price …