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Translating Victor Neiderhoffer: Flexonic Payment Edition

We love Victor Neiderhoffer's blog, Daily Speculations. One of the things we love most about it is that it's so damn difficult, at times, to figure out what Neiderhoffer is saying.

Today's entry is:

No sooner said that increase in inflation expectations might change the schedule of flexionic payments, then bonds go to a 3 month low. The vigilantes finally do their thing.

Anyone care to translate that into language the rest of us can understand?