The Ticker
Bond investors call for protection against rising consumer prices
2/25/13 1:49pm
Pacific Investment Management ($67.12 0%) and Invesco Ltd. ($34.04 0%) say growing central-bank tolerance of inflation means securities with interest or principal tied to consumer prices are the ones to own.
Global expectations indicated by the gap between yields on so-called linkers and government bonds reached a 21-month high of 1.70%, Bank of America Merrill Lynch indexes show.
