Market-implied inflation expectations over the next 5-10 years have risen to the highest levels in more than a year
Traders are starting to game out a future with sustainably higher inflation and higher long-term bond yields. Source: Bloomberg, Lisa Abramowiz
Shorting US 10y bonds seems to be one of the most crowded trades at the moment
Among the shorts, Billionaire investor Bill Ackman. To his opinion, if long-term inflation is 3% not 2%, the 30y Treasury yield could rise to 5.5%. In contrast, Warren Buffett has announced buying positions in 10y US Treasuries. Source: Bloomberg, HolgerZ
Consumer price inflation is creeping higher again on a month-over-month basis, driven in part by higher gas prices, according to the Cleveland Fed's forecast
Source: Lisa Abramowicz
Unlike other products, Campbell's Condensed Tomato Soup cannot use shrinkflation to hide the effects of inflation. Watch out below the unit price per can...
Source: Moritz Wietersheim
US diesel vs inflation: if history is any guide, recent pop of US diesel prices could imply CPI going back over 4%
Source: BofA
Tokyo core-core CPI inflation printed at +0.575% MoM
That's the 2nd biggest monthly increase since Covid. And one of the biggest monthly increases over the last 30 years outside of sales tax hikes. Inflation is not transitory in Japan... $JPY. Source: Viraj Patel, Vanda Research
Orange Juice cannot be stopped as it surges to another all-time high.
It's up 18% over the last 2 weeks - source: Barcharts
6 goods & services with a lower price today than a year ago...
Source: HolgerZ, make it