12bn flowing into exchange traded funds that invest in Treasury inflation-protected securities
Will the surge in consumer prices this year be a temporary blip or the start of a much more prolonged period of higher inflation?
That is the debate raging on Wall Street — and among Washington policymakers
FT 10 May 2021
https://www.ft.com/content/18b0e560-01ab-42fc-ab3e-b0287065d840
Five-year "breakevens" measuring inflation expectations have jumped to 2.71pc, the highest since the pre-Lehman boom. Yet the Fed is continuing to buy $120bn of bonds each month
https://englundmacro.blogspot.com/2021/05/five-year-breakevens-measuring.html
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