Think 7.5% Inflation Was Bad? How About FLEXIBLE Core Inflation At 19%! (2-year Treasury Yield Skyrocketing Along With Mortgage Rates)

#bubble, #inflation, #wine, @MetreSteven @JeffSnider_AIP @DiMartinoBooth @bondstrategist @RaoulGMI @LukeGromen @dlacalle_IA @EconguyRosie @profplum99 @SantiagoAuFund @biancoresearch @pboockvar @SriKGlobal, Banking, ECB, Economy, Existing Home Sales, fannie mae, Fed, Freddie Mac, Housing, Inflation, Mortgage, Powell, Taylor Rule, Treasuries, Treasury, Uncategorized, Yellen, Yield Curve 1 Minute

I thought the last inflation report of 7.5% inflation was bad. But then the Atlanta Fed updated their inflation measure for flexible prices. Flexible inflation, less food and energy, is roaring at 19% YoY!

Flexible prices are those prices that adjust rapidly. Along with commodity prices.

Speaking of rapid rises, take a look at the 2-year US Treasury yield since COVID struck in early 2020.

We did see 2-year Treasury yields generally correlated with The Fed Funds Target Rate … at least until COVID struck. Since mid-2020, The Fed Funds Target Rate remains at 0.25% while the 2-year Treasury yield is roaring back with fuzzy expectations from The Fed’s leadership.

The 10-year Treasury yield is not rising as rapidly as the 2-year Treasury yield, but it is hovering around 2%.

But Bankrate’s 30-year mortgage rate is rising like a comet, similar to the 2-year Treasury yield.

Rapidly rising inflation may cause anxiety attacks. Here is a cure: an emotional support honey badger!

May be an image of animal and text that says 'DO YOU SUFFER FROM ANXIETY ATTACKS? ARE THEY OFTEN CAUSED BY STUPID PEOPLE? GET ΑΝ EMOTIONAL SUPPORT HONEY BADGER! RAPOንC FYARADA ANXIETY COMPANION HONEY BADGER Unlike other companion animals that snuggle up to provide physical comfort and a safe space during Anxiety Attacks, the Emotional Support Honey Badger instead physically attacks and savages the absolute living hell out of the stupid idiot bothering you, thus removing the source of the anxiety. Much more efficient! Ask your Doctor if Honey Badger is right for you.'

Published by confoundedinterest17

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