After Hot CPI, Real Yields Rose but Breakevens Fell
The 10-year pushed near 5% after August CPI, but breakevens fell. Real yields did the work — a bond-market vote of confidence in the Fed.
tips breakevens
The 10-year pushed near 5% after August CPI, but breakevens fell. Real yields did the work — a bond-market vote of confidence in the Fed.