Interest Rates: The Case for Tightening is Getting Weaker and Weaker

The recent plunge in TIPS spreads is reaching frightening proportions: 5 year = 1.09% 10 year = 1.42% 30 year = 1.61% Yes, I know they can be distorted by illiquidity, but they are not THAT far off market expectations. And don’t forget they predict CPI inflation, which runs about 0.3% above the Fed’s preferred […] View the full post at: Interest Rates: The Case for Tightening is Getting Weaker and Weaker Related posts: Interest Rates At Center Stage It’s All About Jobs and Interest Rates The Focus Turns to Bonds, Interest Rates & Inflation