In line with expansionary fiscal coverage plus tariffs hitting a non-passive Fed response perform.
Determine 1: TIPS fixed maturity 5 12 months yield (blue), 5 12 months breakeven (Treasury minus TIPS) (pink), each in %. Pink dashed line at election. Supply: Treasury through FRED.
The breakeven rises by 11 bps since election day.
Determine 2: DXY greenback index (blue), Fed broad greenback index (tan), each normalized to 10/14/2024=1.. Pink dashed line at election. Supply: Fed through FRED, Tradingeconomics.com.
The greenback index is up 2.4% since election day.
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