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by afiedler
3923 days ago
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These types of bonds do exist. They are called "linkers" and many governments issue them. In the US, we have TIPS (Treasury Inflation Protected Securities) and some savings bonds that are linked to the CPI. One major issue with these is that the inflation adjustment typically lags by 6+ months, so they are not a good short-term hedge. But they are very popular. |
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