Public Is the Bond Market Anticipating Peak Inflation? Jul 11, 2022 1 min read The 10-year US Treasury bond yield has recently stabilized around 3.00%. That calm reflects a remarkable increase in the comparable TIPS yield that has been offset by a drop in the expected-inflation component of the nominal yield. What's going on? Consider the following: (1) Until the past few weeks, the daily TIPS yield has been highly correlated with the monthly real bond yield, defined as the spread Ed Yardeni
Paid Dr. Copper May Be Signaling Peak Inflation Jun 23, 2022 1 min read paid Dr. Copper, the base metal with a PhD in economics, may be signaling a top in the CRB raw industrials spot price index. It dropped below $4.00 for the first time this year to $3.92 today (chart below). It may be predicting a global economic slowdown, but it's too soon to tell if it is foreshadowing an impending US recession. Ed Yardeni
