Yesterday, the 30 year TIP traded .61% real, and the 10 year TIP was at -.28%. It feels like we are in Japan. I wonder if it will last 20 years like Japan. I have to believe we will get growth before that, but who knows.
I'm not sure why we are still calling it a "Bond Bubble". This is here to stay as long as our currency survives.
When have we ever heard the FED predict rates 3 years out at .25%? Simple math tells us that the Federal Debt will exceed $20 something trillion at that time, coupled with ever increasing social demands.