To: Pelham
And why are 10 yr rates below the rate of inflation. There are some inflation indicators curiously missing
I don't know. There's something peculiar going on, and I'd like to understand it.
To: Alvin Diogenes
I suspect that China is willing to buy Treasuries at rates below inflation but I don’t know why others would do that. And I don’t know why precious metal prices seem indifferent to inflation. We’ve entered the Twilight Zone.
55 posted on
06/11/2022 1:28:08 PM PDT by
Pelham
(World War III is entering on cat's feet.)
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