On the heels of Ben Bernanke confirming that "extended period" means at least two years, the spread of the 30 year treasury yield to the 10 year yield is near an all time wide it hit last year at 1.38%. If 30 year inflation expectations continue to diverge from ten year expectations, the implications are not positive.
|
Click to Enlarge |
No comments:
Post a Comment
For compliance reasons, I don't post comments to the site, but I do like hearing from readers and am happy to answer any questions. Feel free to use the comment box to get in touch. Please leave an email address in your comment so that I can write back, or email me directly at Skrisiloff@avondaleam.com.