Remember months ago when we used to review this very chart? Remember when inflationary hysterics were on full, 24/7? Remember that we said yeh, there could be an inflation issue, but until this chart says so, inflation expectations have not broken out?
My how time heals all wounds. The continuum holds, and I'd expect that the man behind the curtain, pretending to make decisions while huddled with his co-workers, is well aware of this.
And no, I am by no means saying be bullish on T bonds right now. Nuh uh. That ship has sailed.
http://www.biiwii.blogspot.com
http://www.biiwii.com
Follow @BiiwiiNFTRH
My how time heals all wounds. The continuum holds, and I'd expect that the man behind the curtain, pretending to make decisions while huddled with his co-workers, is well aware of this.
And no, I am by no means saying be bullish on T bonds right now. Nuh uh. That ship has sailed.
http://www.biiwii.blogspot.com
http://www.biiwii.com
Follow @BiiwiiNFTRH

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