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