I’m not entirely sure how sustainable this is.
10Y bund yield…
German inflation…
(BBG)
Putting the pieces together…
(DoubleLine, Bloomberg)
“Nein!!”
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Different Day, Same Stories, Only Different.
could be…the choice is inflation and higher interest rates, or elevated stock prices and nascent growth. Getting to the ‘real’ number given inflation calcs is the question, given heuristic adjustments and all.