Paul Krugman

@paulkrugman ↗

Deleted No

Hibernated No

Last Checked May 24, 2022

Created

Fri Mar 25 15:14:34 +0000 2022

Likes

128

Retweets

Source

Twitter Web App

View Raw Data

JSON Data

View on Twitter

Likely Available

Paul Krugman @paulkrugman

At the right end, 1-year rates up to 1.5 and yields on index bonds coming due slightly over 1 year from now -4.1 => ~5.6 percent expected inflation over the next year. That jump in next-year expectations explains most of the rise in 5-year expectations 4/ — PolitiTweet.org

Posted March 25, 2022

Preceded By

Paul Krugman @paulkrugman

At the left end, in spring 2021 1-year rates were ~0 and yields on index bonds coming due in a year were -2.5 => ~2.5 percent expected inflation over the next year 3/ — PolitiTweet.org

Posted March 25, 2022

Followed By

Paul Krugman @paulkrugman

The question isn't whether Mr. Market is right. The point is that the bond market, like consumer surveys, is telling us that people expect a bad year (and so do I!) — not that longer-term expectations have gotten unanchored 5/ — PolitiTweet.org

Posted March 25, 2022