"What Do Bond Traders Think They Know"
We see here the past 30 years worth of interest rates on 30 year US government bonds:
And here’s the CBO’s projection for the volume of debt, with the “alternative fiscal scenario” being what the CBO considers to be the most realistic projection based on current policy:
It’d be interesting to know what the people buying these bonds think is going to happen. Not inflation, based on these yields.