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Re:The Great Steepening by rank0 on Wednesday March 23, 2022 @12:13PM (#30779996)
He’s saying that inflation will perpetuate negative real rates despite increasing bond yields as bond prices decline.
Re:The Great Steepening by thesausageking on Thursday March 24, 2022 @10:04AM (#30789913)
Yes, thanks. That wasn't written well. Bonds today have negative real interest rates and likely will going forward even as nominal rates rise. The only way this doesn't happen is if inflation drops quickly which seems very, very unlikely.