A key long term inflation gauge has fallen to about 2018 levels, Steve Hou says. The drop suggests inflation is no longer the bond market’s main concern, even as investors keep a close watch on higher yields.
published
A key long term inflation gauge has fallen to about 2018 levels, Steve Hou says. The drop suggests inflation is no longer the bond market’s main concern, even as investors keep a close watch on higher yields.
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