Now.. in another thread... BlueSky123 said (I hope you don't mind me quoting you):
Is this a thing we can do with any skill. Can one say with skill "inflation is going up from here, fo'shizzle!" Or, "the market is underestimating future inflation?"I will move to cash and or short term bonds when and if inflation starts hitting 3-4% with more coming down the road
And if so, can one use this 'accurate prediction about the future of inflation' to shorten one's portfolio bond and fixed income durations in a skillful way?
Are not future inflation expectations built in to today's bond prices? This is part of the yield curve - is it not?