Marketmind: Transitory faith in transitory inflation - NewsBreak
By Suzana in Business
Updated 3 years ago
A look at the day ahead from Julien Ponthus. Say your economy is growing at about 5% annually, it just hit a 10-year inflation high of 3% amid labour shortages and enjoys negative yields on benchmark government bonds. Let's add that junk-rated bonds have fallen below the economy's inflation rate.