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The Fed's Policy Causes the Green Line to Go Down
There's really no reason why you would expect inflation to be so low for the coming in for the coming years Okay, so joseph i- I- transitory Right, I mean that's really the argument the counter argument. But it shouldn't be right if growth and inflation expectations are rising Regu- I know we can have the fundamental view but the ten year Quote- unquote should be rising If we're heading into an inflation a structural inflationary environment people who care about that Would not be wanting to own ten year u.s. Treasuries safe and liquid instruments.