The Fed Is Not Going to Rake Rates, or Will It?

The markets are priced in at an interest rate above inflation of about three quarters of a point on average for the next ten years. And i don't think the markets are lined up in a sensible manner to have relatively low inflation break evens and a relative low terminal rate, given the global scope of this inflection problem. John throw into the mix what we're seeing right now with a nancy polose expected to land in tian in about two hours,. This question of whether the safety bid is to go into term treasuries, or even treasuries at all, if the potentially increase inflation? If the fete is still going to try to fight what the market is assuming