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To: NOW who wrote (110233)6/26/2001 9:51:39 PM
From: pater tenebrarum  Respond to of 436258
 
we'll see...way too early to tell imo - medium term trends of late favor the deflationists, i.e. the several month old trends favor them currently. just check the CRB index for instance. but there are of course still pockets of the cyclical inflation upturn going strong. it remains a strange mixture...you're right re. the one week trends, e.g. the yield spread between TIPS and t-bonds has begun to widen again.