Since July, we've seen commodity prices collapse (top chart), the USA dollar rally furiously versus the euro (middle chart), as well as high-yield bond prices collapse (bottom chart). It's non precisely the inflationary scenario that roughly envisioned equally the upshot of the rescue legislation--at to the lowest degree non yet. This is a marketplace that is punishing anything associated amongst risk, which explains the massive flying into short-term Treasury instruments despite their paltry (and significantly negative real) yields.
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