Global inflation expectations continue to ratchet higher, with the spread between...

|By:, SA News Editor

Global inflation expectations continue to ratchet higher, with the spread between inflation-linked and government bonds rising to 1.7%, according to BAML. In the U.S., the break-even rate - the rate inflation would need to hit for TIPS (TIP) to be a better investment than Treasurys - has risen to 2.53% today from 2.24% before September's QE announcement.