SCHQ - Latest Rise In 10-Year Yield Stirs Reflation Forecasts... Again

• It doesn't take much to set reflation expectations on fire these days.
• With US interest rates near zero (or negative in some parts of the world), a mild uptick in yields inspires a new round of forecasts that a sustained run of higher inflation has finally started.
• The immediate cause of the higher rates seems to be renewed prospects for a stimulus package passing muster with Republicans and Democrats in Washington.
• The latest uptick is far from definitive proof, but perhaps it's a start… or just more noise on the path to even lower realms.

For further details see: