It may be counterintuitive when we know that inflation is very high but the market would appear to be struggling to get a breakout to yields above 3%. This could indicate a strong possibility of recessionary / deflationary forces outweighing inflation.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.