1050 days ago • Posted by William Ramstein
Do falling inflation expectations justify 10-yr 1.5% bond yield?
The recent decline in US bond yields across the board has been telling a story of falling inflation expectations. Markets are not always right but the recent moves suggest we should seriously consider the idea that the current rise in consumer price inflation will be transitory. Maybe now the fed will start being concerned that rates are too low given broader economic conditions, rather than too high.
Source: Macro Markets Daily
