BLOOMBERG Bloomberg Real Yield July 29, 2017
Yes, inflation has come down. We have gone through a string of lower inflation. I do not think it dissuades the fed from doing what they had planned to do. The fact that inflation is being made out the way it is and the decision could be driven by it, i assume that they will not be data dependent. It is going to be employment and other things driven, which is doing very well. The fact that they may not tighten or may take remedial measures because of low inflation, that is news. Yellen is getting dovish and the market has gotten a little short as well. And it plays into that and trend and the ...