Latest / Stagflation Conversations with Fexingo: High Inflation, Slow Growth, and 1970s Echoes
How the Bond Market Is Pricing In Stagflation
Episode 141 of Stagflation Conversations dives into the bond market’s latest signal: the 10-year breakeven inflation rate has climbed to 2.26%, even as real GDP growth slowed to just 1.5% annualized in Q2 2026. Lucas and Luna explore what this divergence means for the Federal Reserve’s divided stance, the rising cost of services, and whether investors should brace for a 1970s-style policy mistake. They reference the Fed’s internal debate, Kevin Warsh’s recent language, and the surprising resilience of the labor market. A concise, numbers-driven look at why bond yields are flashing red — and…
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