Quote:
Originally Posted by jyl
I don't pretend to be a bond expert - not my field - but I'd have to hear a pretty good argument to make me think fixed rate bonds are a good place to be if you think future inflation will be high.
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Thats just it, they are not fixed rate. The rate is tied to the Consumer Price Index. So as CPI goes up during a period of inflation, your rate goes up with it. At least that is my caveman understanding of them.......