Interest rates are the lifeblood of a country’s economy. Everything is priced off of them, in one way or another.
When the bond market talks, people listen, and right now it’s saying that inflation is coming in hot. The difference between nominal and real interest rates right now, or “breakevens,” are at the second-highest levels of the 21st century. The bond market is pricing in 2.5% inflation ove…
When the bond market talks, people listen, and right now it’s saying that inflation is coming in hot. The difference between nominal and real interest rates right now, or “breakevens,” are at the second-highest levels of the 21st century. The bond market is pricing in 2.5% inflation ove…
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