Econ Comments
Bloomberg | Treasury 10-Year Yields Rise From 2011 Low as Fed Considers Exit Strategy
The difference between the yield on 10-year notes and inflation-indexed securities, a gauge of expectations for consumer prices over the life of the debt, widened after reaching the narrowest level in three months. Minutes of the Fed’s meeting showed most policy makers favored an exit strategy of raising interest rates before selling assets.
Minyanville | Are Expected Inflation and the Yield Curve Related?
Fed claims claims it will use markets' assessments of when inflation is getting out of hand to adjust policy. But these market-driven indicators follow, not lead, almost everything else.
