
Are U.S. inflation expectations also "political"?

What is the market most concerned about right now? The surge in U.S. Treasury yields! What is the market most afraid of right now? The resurgence of U.S. inflation! Inflation expectations are crucial for the trend of inflation. Just as Trump was about to take office, U.S. inflation expectations were also divided along party lines: the blue line representing Democratic inflation expectations surged, while the red line representing Republican inflation expectations significantly declined. Goldman Sachs' Josh Schiffrin believes: the public really does not like inflation—this is very obvious. This helps reinforce my view that the new government will pay close attention to the cost of living
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