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by JumpCrisscross
1691 days ago
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> the high yield on these bonds reinforces the reality that inflation (whether temporary or long-term) is here Savings Bonds aren't traded. Their yield is calculated by the Treasury from the non-seasonally adjusted Consumer Price Index for all Urban Consumers (CPI-U) for all items, including food and energy. As such, it offers no more information into the future course of inflation than the CPI-U itself. The data you're looking for are the 10-year breakeven inflation rates [1], which ares calculated from the premium the market places on the Treasury's tradable inflation-protecting bonds [2] and its tradable standard bonds. [1] https://fred.stlouisfed.org/series/T10YIE [2] https://www.treasurydirect.gov/indiv/products/prod_tips_glan... |
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