Here's a conundrum. Many commentators have been trying to puzzle out why stocks have been continually hitting new highs at the same ti...

The zero-lower bound is the well-known 0% floor that a note-issuing bank hits whenever it attempts to reduce the interest rate it offers ...

Real t-bill and bond yields have been falling for decades and are incredibly low right now, even negative (see chart below). With an eye ...

The discussion on own-rates, the natural rate, and Sraffa cropped again. Andrew Lainton blogged here , followed by Nick Rowe here , Daniel...

David Glasner noticed a very interesting anomaly yesterday. In short, 5-year TIPS rates seem to be rising while 10-year TIPS have been fall...

Econbrowser has a post on inflation expectations as measured via TIPS spreads. This links back to an earlier comment I made on Glasner'...