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Deflation What Happens When Prices Fall

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Preview of Interest Rate Volatility and Inflationary Pressures
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Interest Rate Volatility and Inflationary Pressures (How-Much-Higher-Can-Rates-Go-9-19-22.pdf)

542 KBKate FunariEN 6 pages
Inflationary pressures continue to surprise to the upside, driving U.S. Treasury yields higher. We expect the 10-year Treasury yield to end the year between 2.75%-3.25%, but acknowledge risks to the upside. Last week's inflation report sparked an even more aggressive rate hiking...
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