I agree that inflation is out of control and if your index included the value of the dollar, it would look even worse. The yield on the 10 year treasury is being surpressed by the flight to quality evidenced by investors who do not want to hold any other form of fixed income debt. Had this not been the case, the yield on the treasury note would be much higher along with your inflation index.
Submitted by Michael Pento on Thu, 2008/02/28 - 1:51pm »
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