Inflation anxiety is rising, commodities prices have popped and the consumer price index increased at a pace far above expectations in April. What isn’t increasing is the benchmark 10-year Treasury yield. Let’s restate that: it’s no longer rising.
Inflation anxiety is rising, commodities prices have popped and the consumer price index increased at a pace far above expectations in April. What isn’t increasing is the benchmark 10-year Treasury yield. Let’s restate that: it’s no longer rising.