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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.
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?