Interest Rates and Credit Aren't Behaving Normally

I threw copper in the middle because the market thinks inflation is coming. I don't see it in interest rates or credit growth yet. Macro economc data says the stimulus burst is over. TOTLL is behaving as if the recession is ongoing, the spread between Baa and prime interest rates should have surged instead of breaking lower. Ten-year TIPS price remains well withing its downtrend, the bounce thus far still leaves it far from resistance.