Another great post from one of my favorite sites (McClellan Financial Publications) regarding the use of crude
oil as a leading indicator for bond yields.
Not exact matches
However, in the short term bonds are likely to benefit from lower CPI inflation rates
as my
leading indicator, the absolute change in
oil prices from a year ago, is pointing to the U.S. CPI ex shelter declining to between 2 and 2.5 % in February / March.
However, in the short term bonds are likely to benefit from lower CPI inflation rates
as my
leading indicator, the absolute change in
oil prices from a year ago, is pointing to the U.S. CPI ex shelter declining to between 2 and 2.5 % in February / March.