Quote from waggie945:
If Inflation worries are such a concern, with Copper trading at 6.5 year highs, Soybeans at 17 year highs, the Precious Metals at 7 year highs, and Crude Oil prices over $38.00, then why is the 10 Year T-Bond still trading below 5%?
Why is it below 4.5%?
Why is it below 4.0%?
How about 3.8%
I thought that markets were discounting mechanisms, no?
Why isn't the Bond market, ( and the stock market for that matter ) both of which discount events 6 months ahead of time reflecting inflation concerns?
Can you answer this question?
In 1984 T-bond yields soared back into teens, yet the market was utterly wrong and inflation continued to fall for 2 decades. How do you explain that?
