Dollar, Bond Yields Tumble As Inflation Expectations Crash To Record Lows

Having warned in Novemeber 2015 of a “deflationary mindset”, University of Michigan survey director Richard Curtin notes that things have done nothing but get worse.
While reflation trades run amok in capital markets, real people’s expectations of inflation in the medium-term has collapsed to its lowest on record…

This post was published at Zero Hedge on Mar 17, 2017.