What Is Wrong With This Picture? Inflation and 10 Year

2021년 5월 23일

Before we begin I just want to remind everyone that the chart is a bit skewed bc it is 12 months rolling.
That means we are measuring inflation YOY when we were on a lockdown of sorts. Having said that the
move is in fact excessive which is what so worrisome. Even as it balances out a 2.5% inflation would
put the 10-year bond yield way below inflation in negative territory.

Historically this has not occurred on a sustainable basis. Therefore we can expect the 10 year yield
to rise and inflation to persist on a relatively speaking.

2022년 9월 22일

노트

I got 4 sympathy likes for this post! LOL! No one had a clue what I was saying back then. Now everyone is an expert on inflation. ROFL!