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it’s hard to have a lasting bear market in bonds without a big acceleration in both realized inflation and inflation expectations.
Bond Market Sell-Off Lacks a Key Ingredient: Robert Burgess
published Oct 9, 2018, 3:30:28 PM, by Robert Burgess (Bloomberg Opinion) — The U.S. Treasury market experienced a rare event on Tuesday, which is to say prices rose and yields fell. To put the action in context, consider that since the recent intraday low of 2.81 percent on Aug. 23,