Miner Company
'Interim' Disinflation Within The Inflationary Macro
The macro environment has shifted from disinflationary to inflationary since 2022, with bonds signaling long-term inflation risk. Short-term and intermediate Treasury bonds offer interim opportunities, but when the inflationary macro kicks back in, bonds will not be desirable.
The macro environment has shifted from disinflationary to inflationary since 2022, with bonds signaling long-term inflation risk. Short-term and intermediate Treasury bonds offer interim opportunities, but when the inflationary macro kicks back in, bonds will not be desirable.