Will Relatively Low Inflation Expectations Persist In 2013?
Wall Street Pit The new abnormal is still with us in the new year, but will 2013 break this strange relationship? I’m referring to the unusually close positive connection between the stock market and the implied inflation forecast via the yield spread between the 10-year Treasury Note and its inflation-indexed counterpart. Historically speaking, expectations of higher inflation haven’t [...] Will Relatively Low Inflation Expectations Persist In 2013? Related posts: 10 Things that Won’t Happen in 2010 Estonia Officially Joins the Struggling Euro Club