Whither Real Rates?
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The collision of expansionary fiscal policy, slowing growth, and the erosion of policy credibility, particularly since 27 February 2026, suggests … up and high.
Figure 1: TIPS 10 year (blue), DKW estimated short real rates next ten years (red), both in %.
Figure 1: TIPS 10 year (blue), DKW estimated short real rates next ten years (red), both in %.
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