FRONT END GILTs YIELD CURVE MISPRICED COMPARED TO 5.2% INFLATION EXPECTATIONS
Inflation Expectations in the United Kingdom decreased to 5.20% in April from 5.40% in March of 2023 THE FRONT END OF THE UK GILTS YIELD CURVE HAS BEEN MISPRICED FOR MANY MONTHS, DESPITE CORE INFLATION RATE STANDING AT 6.2%, CPI…
Treasuries yield curve correlated to CPI Inflation expectations
February CPI (excluding food & energy) year on year was 6.1%, and in Feb 2021 was 1.3%. that makes the 2Y inflation expectation about 4.8%. Fed Funds at the minute are on neutral. ECB and BoE are in much worse…
What do we do with a drunken sailor?
On this chart, UK Inflation Expectations stand at 6.1% On this chart, UK Inflation Expectations have risen to 5.6% in February, as CPI Inflation increased to 10.4%. Important to notice in the chart, that Inflation Expectations are at the highest…
