4/30/22: With CPI-U annual inflation running at 8.5%, interest rates are soaring. The Fed appears to be "behind the curve" such that expected inflation defined as the difference between the 10-year TIPS and T-Bond rates. has soared to 2.88%, near its high for my calculations going back to 2004.
|US Treasury Interest Rates Graph|
US Fed Funds Rate vs. S&P 500
|CPI vs Fed Funds Rate vs Expected 10-Yr Inflation|
LIBOR Rates from 1993 to 4/30/22