The U.S. inflation-linked bond (TIPS) market is in an interesting position right now. Inflation protection seems cheap, but the question always remains: is it cheap for a reason? Unfortunately, I am not able to answer that question, I am going to just briefly outline the debate….
Bond Economics
Brief TIPS Market CommentBrian Romanchuk
What effect does the trillions of dollars being squirreled away by the 0.1% have on inflation?
ReplyDeleteOr excess production (a.k.a. The glut of Everything)?