(For week ending October 9)
“The 30-year bond yield moved up to 1.574%, a four-month high ... The market for Treasury inflation-protected securities, or TIPS, also is pointing to rising inflation expectations of 1.853%, the highest since September 2019 ...... The uptick in yields elicited torrents of inflows into fixed-income funds—some $25.9 billion in the latest week, the second-biggest total on record ...”
Reported by Randall Forsyth - Barron’s - Oct. 9, 2020 Edition