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from Zero Hedge
For many months, the Fed had openly ignored what the market was signaling about future inflation expectations, either through 5Y,5Y forwards or breakevens, instead opting to rely on such trivial and unreliable indicators as inflation surveys and beige book narratives. However, with the collapse in 10 Year yields back under 2% that has now changed. Here is what yesterday’s FOMC minutes had to say on this topic:
Continue Reading at ZeroHedge.com…