US Inflation Bonds Are Sold With Negative Yield for First Time
Inflation-protected securities sold at negative yields for the first time ever on Monday as traders anticipate that the Federal Reserve will start a new round of asset purchases.
Analysts said that asset purchases by the Fed would lead to a higher inflation rate and a positive return on the bonds.
The market is saying the rate of inflation will be high.
Posted by: Nimble Spemble 2010-10-26 |