invest1 publisher
A 5% 10-year Treasury prices a dollar of cash flow due in ten years at 61 cents
Fortune asks whether 1970s stagflation is back now that the 10-year yields 5%. Its own figures put inflation at 3.4% against a 14.8% peak in 1980, while the discount rate has repriced every long-dated dollar.
Publishers:fortune.com
Reality
- Evidence55
- Adoption
- Insufficient
- Hype gap+30
- Incentives35
- Confidence50