TIPS Tipping Over, But Not That Way

By |2021-03-04T19:45:37-05:00March 4th, 2021|Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

There is precedence for this, though not to this extent; it has reached a record. And when it happened before, oil prices were right in the middle of it, too. The 5-year TIPS breakeven rate has surged to equal its highest in a very long time. Considered by many evidence for an inflationary breakout – these are inflation breakevens, after [...]