The inflation expectation component is the premium that investors add to the real yield to compensate themselves for the lost purchasing power of rising prices. (hussman.net)
That inflation expectation component of the nominal yield bounces around quite a bit, partly based on the credibility of the Fed's reputation for price stability. (hussman.net)
While consumer confidence reached a 15 - year high with considerable strength in the future expectations component, Yellen said the Federal Reserve expects «the economy to continue to perform well.» (blog.compmort.com)