Money managers are flocking to bonds that hedge against inflation amid uncertainty about tariffs and their impact on the cost of living.
Federal Reserve Bank of Philadelphia President Patrick Harker warned this past week that risks to the economy are rising, in part due to increasing prices. That fear helped spur the Bloomberg Global Inflation Linked Index, a gauge of investment-grade inflation-linked debt in developed markets, to gain about 5% from Jan. 13 through Thursday’s close.
US President Donald Trump has asked the public to bear with him as he seeks to overhaul trade policy, describing the economic pain ...
