Yimin Xu of Cestrian Capital Research on past easing cycles, strong economic data and Fed rate cuts (0:40). Sticky inflation and bond market equilibrium (2:30). Attractive 10-year yields (5:00). This is an abridged conversation from Seeking Alpha's Investing Experts podcast. Episode transcripts: seekingalpha.com/wsb Show links: Nasdaq, S&P shed about 1% each, Dow drops more than 400 points after hot CPI Riddled With Rates Hot inflation may not be a bump, balance sheet runoff pace discussed: FOMC minutes Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.