Monday, July 09, 2007

Graph of the Day

Inflationary expectations from the bond market over a 10-year horizon, taken by calculating the difference between the yield on a 10-year regular T-note and the yield on a 10-year indexed T-note. Data are from the St. Louis Fed.

Bottom Line: Inflationary expectations have been remarkably stable for the last 3 1/2 years, at around 2.4-2.5%.


Post a Comment

<< Home