4 ms·
The 10 year breakeven inflation rate is less than 3 percent. Is it a perfect estimate of inflation? No. But I would trust it more than hot takes from non exp
by staticman2 4y ago
The 10 year breakeven inflation rate is less than 3 percent.
Is it a perfect estimate of inflation? No.
But I would trust it more than hot takes from non experts.
- nostrademons 4y agoLuckily, this is completely tradable, so if you believe that inflation is going to average 3% over the next 10 years you can buy all those treasuries and I can short all those treasuries and one of us will be rich and the other broke. Events will tell who is who.
- deleted 4y ago[deleted]
- staticman2 4y agoNobody buys treasuries to get rich.
- lazide 4y agoIf you bought some at >10% in the 80’s you did!