Global Investment View - July 2021
Tuesday 09 March 2021
Global Investment View
If the start of 2021 led markets to question the no inflation forever mantra, the debate has been hotting up in February, with the US 10Y inflation breakeven reaching its highest level since 2014, pricing in higher inflation expectations. We are also seeing pricing pressure on the food and energy side. Despite this rising trend, absolute inflation levels remain subdued.