People here at METAR know about CPI-U. You're a bond trader, at least you used to be. Please stick to what you know.PM PM,Bond traders are supposed to be in the know for inflation going forward. The problem which Charlie has not fathomed has to do with why yields are rising. And if a low yield rises the percentage of the rise is high which is true in today's bond markets. In other words making money on bonds for much of the time going forward is a fool's errand. Charlie if you are still around you need to follow govt policies on taxation and future shocks by the FED as to when they MIGHT tighten in order to know why yields are rising. Inflation is not the problem. And Charlie if you stick to PM's advice....well you'd be doing nothing, or writing a fiction novel since you write well. Dave
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