The FOMC statement notes inflation will "settle" over coming quarters as commodity and energy prices "dissipate further," and long-term inflation expectations remain stable. Yields on inflation-sensitive TIPS push lower correspondingly: 5-yr -0.85%, 10-yr -0.06%, 20-yr 0.55%, 30-yr 0.94%.
The FOMC statement notes inflation will "settle" over coming quarters as commodity and energy...
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