when inflation expectations rise, expected yields on TIPS goes _________.作者: wake2000 时间: 2011-7-13 13:34
down, because your interest is pegged to inflation (i.e. there's less risk holding TIPS than fixed-interest obligations). Prices on these obligations are bid up, yields fall.作者: nannan66 时间: 2011-7-13 13:34
would say, down作者: PalacioHill 时间: 2011-7-13 13:34