Pondering Negative Real Yields And Higher Inflation Forecasts | The Capital Spectator

by capitalspectator.com posted 12months ago 63 views
These are strange days for the US government bond market. Inflation-indexed Treasuries are pricing in higher inflation expectations as real (inflation-adjusted) yields tumble. In “normal” times the consensus view would probably advise that one of these trends is misguided. But in the new world order of the coronavirus crisis it’s timely to ask: Could both […]

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