This is a syndicated repost published with the permission of Snake Hole Lounge. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.
The US Treasury 10Y-2Y curve slope declined to the lowest level since early November 2007.
One good reason is the Core PPI YoY is surging!
Inflation is born to run … if The Fed starts shedding its Excess Reserves.
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