Paul Krugman

@paulkrugman ↗

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Last Checked Jan. 13, 2022

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Sun Nov 28 19:08:29 +0000 2021

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Paul Krugman @paulkrugman

For reference: inflation-protected Treasury due Jan 2024 is yielding -2.766, while nominal bond yielding 0.562. So implied 2-year inflation breakeven is ~3.3% 1/ https://t.co/fl2zU5H36X https://t.co/tiZOZlE0EG — PolitiTweet.org

Posted Nov. 28, 2021

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Paul Krugman @paulkrugman

What's happening is complete faith in public ignorance. Alas, it might work 6/ — PolitiTweet.org

Posted Nov. 28, 2021

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Paul Krugman @paulkrugman

5-year breakeven is 2.9%, implying inflation beyond 2 years substantially lower. So bond market is in effect saying it believes inflation is transitory 2/ https://t.co/7XAam0H1IG — PolitiTweet.org

Posted Nov. 28, 2021