Latest / Stagflation Conversations with Fexingo: High Inflation, Slow Growth, and 1970s Echoes
Why the Bond Market Is Hearing 1970s Echoes
In this episode of Stagflation Conversations, Lucas and Luna dig into the Treasury market's growing anxiety about stagflation. With the 10-year breakeven inflation rate climbing to 2.34 percent and the S&P 500 sliding nearly a percent in a week while gold surges toward $4,700, the bond market is sending a signal that runs against the Fed's optimistic narrative. They explore how Treasury Secretary Bessent's efforts to calm the market have backfired, the mechanics of the $4 billion buyback operation, and why the breakeven rate matters more than the headline CPI number. They…
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