The bond market bets the Fed can keep a lid on inflation, not just for the next few years ... but for a full ten. Looking at yields on the 10-year Treasury of 2.48% and 10-year TIPS at 0.34%, highlights the market is pricing in a paltry annual inflation rate of 2.14% between now and 2021.
The bond market bets the Fed can keep a lid on inflation, not just for the next few years . but...
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