Fear of United States QE3 inflation drove high demand for the government’s first round of inflation-proof bonds.
Treasury’s debt management office held its first auction of the bonds this afternoon and got much higher demand than anticipated.
The government initially proposed an issue of $1
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Rob Hosking
Wed, 24 Oct 2012
Wed, 24 Oct 2012
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Fear of QE3 impact drives demand for inflation-proof bonds
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