Bond Prices Are Telling Us That Consumer Price Induces Will Be Abating Soon?

Consumer price induces started rising in april, and they've only really accelerated since then. What we're really talking about here is what the bond market is pricing as probabilities of a downside case over the intermediate and long run. We don't know when the goods economy is going to finally cool off and disinflate itself. The chances of that happening at some point in the not too distant future are pretty almost certain.