Notes
TIPS market traders back off of absolute panic to grave concern that the Fed has kept the EFFR too high for too long. The 5-year inflation expectation has not been this low, CPU <2%, since January 2021, when it was trending upward.
TIPS market traders back off of absolute panic to grave concern that the Fed has kept the EFFR too high for too long. The 5-year inflation expectation has not been this low, CPU <2%, since January 2021, when it was trending upward.
