Bond Market Believes Inflation Headed Our Way
January 24, 2012 at 12:10 PM EST
A stronger sign of inflation headed our way… Late last week, the U.S. Treasury sold $15.0 billion in 10-year Treasury Inflation Protected Securities (more commonly known as “TIPS”) at a negative yield (interest rate), for the first time in its history. Demand for this issue was strong from bond investors. TIPS are instruments that are [...]
