Macro Finance
Man Group Disputes View That High Inflation Is Bad for Bonds
Bloomberg Markets·October 6, 2026·1 min read
High inflation alone isn’t bad for US Treasuries — instead, it’s a rapid increase in the pace of price growth that does the most damage, according to a study by Man Group. The asset manager disputes the conventional view that rising inflation hurts bonds, arguing that the rate of change matters more than the level.
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