US inflation-linked bonds may underprice risk of higher inflation

U.S. inflation-linked bonds are reflecting
expectations that rising inflation is not going to be a problem
for the foreseeable future, but some analysts recommend buying
these instruments in case price pressures pick up, or at least
be not as negative as the market is anticipating.
Business shutdowns designed to stem the spread of the
COVID-19 illness caused by the new coronavirus have slammed
economic growth. Unemployment is soaring, prices are fa