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Shocking reasons these crucial indications are down so much. Way beyond 2008.

Eurodollar University

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Ben Bernanke and the Fed's Rhetoric on the Rise of Nominal Real Treasury Yields

Dudley asked the FOMC rhetorically of course, so how does one explain the rise in nominal real treasury yields and the increase in inflation break evens? In my opinion, there is one very compelling explanation. Markets participants generally believe that the downside risks to growth have diminished. This has led to number one, a sharp shift in monetary policy expectations, and number two, a modest change in investors assessment of inflation risk.

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