FED Dot Plot and Perspective

Below is the graph from http://www.federalreserve.gov showing Inflation projections. Yesterdays positive inflation numbers hit the bond market hard in a very odd way. We expected better rates but got the exact opposite. Today we are seeing recovery from those lows.

To put life into perspective. see below Picture from Voyager turning around to take a Pic of the Earth. Location just past Saturn.


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