It is a new week and already the 10-year and 30-year US Treasury yields are spiking to their highest levels since the last Fed rate hike on December 15, 2015.
The balance between QE and Treasury supply will begin to shift in July. The underlying bid it has provided for stocks and Treasuries will begin to fade.
This report tells why, and what to look for in the data and the markets. GO TO THE POST
First the 30-year Treasury yield:
Now the 10-year Treasury yield:
And now for the US Dollar basket:
Finally, the USD Inflation Swap Forward 5Y5Y is now higher than when The Fed last raised their target rate.
Does this mean that the 2% inflation target of The Fed can finally be beaten?
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