U.S. could be heading into an ‘era’ of high inflation that produces paltry, or even negative, real returns on safe assets, analyst warns
September 30, 2021 at 11:46 AM EDT
High inflation in the U.S. could last for an entire decade -- creating paltry inflation-adjusted returns on safe assets like Treasury bonds and weakening the currencies of the U.S., U.K., Canada, and Australia, according to Capital Economics.