Figure 1: EPU (blue, left scale), 7 day centered moving average (bold red, left scale), VIX (green, right scale). Source: policyuncertainty.com, CBOE via FRED, author’s calculations. 
Figure 2: Five year Treasury-TIPS spread, % (black, left scale), log Fed dollar index relative, 11/5/2024 = 0 (red, right scale). Source: Treasury, Federal Reserve via FRED, author’s calculations.More By This Author:Inflation Expectations Since The Election: Up Six Measures Of NFP Change Since 2023M12, Four Measures Of Private NFPEmployment In December
