Inflation Risk May Shake Global Markets

  • Potential pick up is key underpriced risk for assets in 2018
  • Global PMI data shows producer-level inflation creeping up

Credit Suisse's Farris Says Fed Is on Autopilot

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Investors devoted to the idea that inflation will stay subdued should be worried.

Worldwide data have recently made clear that producer-price increases have picked up steam. That’s led bond buyers to begin wagering that consumer inflation could be soon to follow, with U.S. breakeven rates above 2 percent in many tenors for the first time since March.