Inflation Indicators Getting A Little Jiggy
https://nftrh.com/about-tos/10yr Breakeven has been rising for a few months now and is in a potential bottoming pattern.
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The TIP-TLT ratio chart has broken a trend line.
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And FOMC chose to punt once again. Come December they may not have a choice.
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Not that they are blowing any bubbles or anything.No, people are just rationally buying junk bonds to new cycle highs despite rising Treasury yields for the sport of it.What a joke.
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