Recovery In U.S. Inflation Breakevens Not Surprising — Brian Romanchuk

Summary:
For readers who are not familiar with the concept of breakeven inflation, it is the nominal yield on a conventional Treasury bond less the quoted yield (indexed, or "real yield") on a matched maturity inflation-linked Treasury (TIPS). I discuss the mechanics of breakeven inflation in my handbook, Breakeven Inflation Analysis. The key observation is that the breakeven inflation rate is (roughly) equal to the required rate of inflation for the TIPS and conventional bond to have the same rate of return when held to maturity -- that is, the TIPS is priced at a break even level versus the nominal benchmark....Bond Economics Recovery In U.S. Inflation Breakevens Not SurprisingBrian Romanchuk

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Matias Vernengo writes Elon Musk (& Vivek Ramaswamy) on hardship, because he knows so much about it

Lars Pålsson Syll writes Klas Eklunds ‘Vår ekonomi’ — lärobok med stora brister

New Economics Foundation writes We need more than a tax on the super rich to deliver climate and economic justice

Robert Vienneau writes Profits Not Explained By Merit, Increased Risk, Increased Ability To Compete, Etc.