#bonds #stocks #rates #yields #inflation #CPI #FED #EndTheFed #credit #economy #stagflation
Today we will look closely at what is happening in the bond market and we will also look to discredit those who think that real yields are actually positive.
Our conclusion is that looking at what is called the breakeven inflation rate is an exercise that distorts the reality of what is going on in terms of inflation and the Fed's credibility.
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