Global Inflation!

Global inflation is a major downer. Yield curves have flattened globally. Those Europeans are really making a show of their upcoming rate hikes. The US is not nearly in the same position, yet the US curve has flattened more than any other! I like the US yield curve being flat as much as I like my women being flat. That being said, I like inflation about as much as I like my women inflated. I'd rather have flat than inflationary, I suppose. . . Really, when it comes down to it, we just need natural, full and shapely curves with very low inflation. Why can't we just have it all?