Is the Market Underpricing Inflation? Vanguard Thinks So

Story

Vanguard Asset Management is buying insurance against stickier US inflation after an oil-market gauge, the crack spread, reached a 2022 high. The firm's active funds team opened a long position in short-dated inflation-protected Treasuries.

Market at publication: BTC $63,987 · ETH $1,788 · Fear & Greed 23

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