Inflation worsened last month to 3.7% as midterm elections near


The U.S. Treasury bond market is scorching hot and this should worry you because of the consequences for your bottom line. Your mortgage rate, car loan, credit card interest or business loan rates could rise driven by the state of government debt securities.

© ANGELA WEISS (AFP)

TOKYO — Anyone betting that inflation risks are fading should look at the US Treasury market. The sharp selloff in Treasury Inflation-Protected Securities (TIPS) suggests the world’s biggest bond market is growing less convinced that price pressures are contained. Investors are rethinking the inflation outlook, with implications for Federal Reserve policy, real rates and stock […]
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