As of yesterday COB:
Determine 1: Ten 12 months breakeven (blue), 5 12 months breakeven (crimson), in %. Supply: Treasury through FRED.
Determine 2: 10yr-2yr Treasury time period unfold (blue, left scale), ten 12 months TIPS yield (crimson, proper scale), in %. Supply: Treasury through FRED.
Inflation expectations (at the least a proxy) are up, as anticipated. Nevertheless, time period spreads are comparatively unchanged from earlier than the election. In an earlier time, I would’ve thought this was indicating not a lot change in perceived progress fee of GDP, however no longer so positive.
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