Discussing Pimco CEO El-Erian's comments on TIPS and whether inflation is coming, with Bill Strazzullo, of Bell Curve Trading and Rob Morgan, Falkland Securities.
Yesterday US government sold some $10 billion TIPS at negative yield. Someone paid the government to have their money, in anticipation for inflation.
Overall, the two panelists painted a pretty bullish picture.
Yesterday US government sold some $10 billion TIPS at negative yield. Someone paid the government to have their money, in anticipation for inflation.
Overall, the two panelists painted a pretty bullish picture.