Hints and tips:
...“The inflation market is mispriced,” said James McAlevey, head of rates at Aviva Investors, which manages a total of £346bn in assets....
...This is the number that matters for holders of index-linkers, those government bonds where today’s high prices guarantee that the repayment proceeds will buy less than the money does now....
...Yet, the demand for linkers does not imply panic about future inflation....
...(Wall Street Journal) - Emerging market linkers are falling sharply even in the broader EM rout context....
...“Demand for long-dated inflation protected products with an income stream is something we are going to see more and more of,” says Daniel James, head of global markets at Aviva Investors....
...Alan James, head of inflation-linked bond research at Barclays Capital, said: “The stability of inflation-linked bonds as an asset class is attractive....
...This brings the outstanding size of the German linker, first launched in March, to €9bn. Strong industrial production data put pressure on UK gilts....
...JUSTINE (JPMorgan's US Tips Index) measures US index-linked (known as Linker) Treasuries, while sister ELSI stands for Euro Linker Securities Index....
...Alan James, Barclays Capital’s inflation-linked bond strategist, added: “When a country gets to the stage of issuing linkers, its investors traditionally gain knowledge and then look beyond their own borders...
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