The New Inflation Scare: Is The Economy Really In Danger?
- Thursday, April 1, 2021, 3:30
- Market
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The 10-year Treasury yields are at a post-shutdown high of 1.63%. …These levels remain historically low, and …actual measures of consumer prices are still unremarkable, and well below 2%. But the shift in market psychology has been very swift. Is inflation coming back? a self-fulfilling crisis?