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R-Star Vs. Real 10 Year Bond Yield

The R-Star from the New York Fed gives a measure of the natural real interest rate.

For example: On May 2023, the R-Star was 1.14% while the real 10 year Bond Yield was -1.5%. This means that the 10 year bond yield should rise further OR the CPI inflation rate should come down.

 


This post first appeared on Correlation Economics, please read the originial post: here

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R-Star Vs. Real 10 Year Bond Yield

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