Inflation Surge Whips Up Market Froth

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Surging inflation is suppressing returns on safe government bonds, pushing investors to riskier corners of the market, such as stocks and cryptocurrencies

to record highs. A powerful driver, investors say, is surging inflation and the effect it has suppressing returns on safe government bonds, a main alternative to stocks.

Last week so-called real yields, which take into account the corrosive effects of inflation, hit some of their lowest levels on record. One measure of real yields, 10-year Treasury inflation-protected securities, fell to minus 1.2%, according to Tradeweb. That is the

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The Dow, which the WSJ and FatFuk Don raved about every day, has gone up almost 20% in 10 months under Biden but now stocks are 'risky' LOL.

Wish I can read it. Market froth indeed.

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