Inflation Indicators Getting a Little Jiggy

10yr Breakeven has been rising for a few months now and is in a potential bottoming pattern.

10 year breakeven

The TIP-TLT ratio chart has broken a trend line.

tip-tlt ratio

And FOMC chose to punt once again.  Come December they may not have a choice.

tip-tlt ratio

Not that they are blowing any bubbles or anything.  No, people are just rationally buying junk bonds to new cycle highs despite rising Treasury yields for the sport of it.  What a joke.


Subscribe to NFTRH Premium for your 30-45 page weekly report, interim updates and NFTRH+ chart and trade ideas or the free eLetter for an introduction to our work. Or simply keep up to date with plenty of public content at and Also, you can follow via Twitter @BiiwiiNFTRH, StockTwits or RSS.