Treasury Market Rout Is Even Worse for Inflation-Linked Bonds
Source: Live Mint Inflation-linked bonds are the biggest losers in this month’s violent Treasury market selloff, and that’s only partly due to inflation expectations. Yields on Treasury inflation-protected securities, or TIPS, have risen even more than those on regular Treasury bonds. The 30-year TIPS yield, for example, has gone up 41 basis points to its…