The narrative around a V-shaped recovery sounds like the fan base of a team that was pre-season top 25 and lost to two mediocre teams at the start of the season. It seemed some promising a few months ago. Surely they will turn it around? They rarely do...
And more recently, Australia and Japan style In 1949 CPI was ~20% and 3-5Y yields were at just ~1.5%
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Is there a good write up on this somewhere?
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