RT Kellan Grenier (@kellangrenier)Why? Debt debasement. This country requires negative real rates to erode the massive & growing debt stack. @DOGE was never a structurally feasible solution to this issue. ...

Based on the data that you've seen, do you think it's a good idea now for the Federal Reserve to lower interest rates. There's two elements here. The Fed doesn't want to lower rates and appear to be cowtowing, if you will, uh to President Trump's um uh you know, language.On the other hand, I think there's actually room for them to lower rates. If you look at the Fed's Beige book, which the Fed reacted to last year when they started lowering rates, I think there's room for them to take action now. And if I w ...

更多资料加入知识星球：水木调研纪要 关注公众号：水木纪要 Global Markets Analyst UK Real Rates — Backcast To The Future UK Real Rates — Backcast To The Future UK real rates, measured by inflation-indexed Gilt yields, are at or near decadal highs following a significant increase through 2021-2023. The UK was one of the earliest adopters of inflation-indexed bonds, and so already has a long timeseries of ex ante (traded) real rates, dating back to the early 1980s. We use this time series to backcast real yields, drawing on an approach by ...