Bloomberg
Inflation Believers Playing Long Game Are Winning as They Wait
(Bloomberg) — Investors shuffling trades amid a sputtering reflation narrative may have overlooked a little fact: Bond managers who’ve been bullish on inflation prospects this year have been winning.Inflation-linked U.S. Treasuries — known as TIPS — are on pace to outperform their regular counterparts for the second straight year, and some of the world’s biggest investors see scope for further gains. Vanguard Group…
Source link
