Rates Spark: Inflation Expectations On The March Again

ING Economic and Financial Analysis5.23K FollowersFollow5ShareSavePlay(7min)CommentsSummaryPresident Trump's words from Monday continue to reverberate, but into a vacuum of ongoing conflict.The oil price has tamed, as has material risk asset angst. But US breakeven inflation and swap spreads are on the march wider. Not great.In the eurozone, the 10Y swap rate is heading for the 3% handle. Here too, a push from inflation expectations. Shutthiphong Chandaeng/iStock via Getty Images By Padhraic Garvey, CFA, Regional Head of Research, Americas; Michiel Tukker, Senior European Rates Strategist; and Benjamin Schroeder, Senior Rates Strategist Wider front-end breakevens and wider back-end swap spreads are both problem childs MondayThis article was written byING Economic and Financial Analysis5.23K FollowersFollowFrom Trump to trade, FX to Brexit, ING’s global economists have it covered. Go to ING.com/THINK to stay a step ahead. We’re sorry we can’t reply to individuals' comments.Content disclaimer: The information in the publication is not an investment recommendation and it is not investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument.This publication has been prepared by ING solely for information purposes without regard to any particular user's investment objectives, financial situation, or means. For our full disclaimer please click here.