The Real Story Is Real Yields
September 13, 2023 at 18:00 PM EDT
By Peter Tchir of Academy Securities While we are engaged in discussions on “sticky” inflation and long/variable lags, etc., the “real” story is likely real yields. For reference, I’ve used the Federal Reserve Real Yields. There are various other “real yield” calculations out there, but they all tell similar stories. I chose the 5-year partly […] Source