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Boost for inflation-linked ETFs

Higher income and expectations of rise in consumer spending in the US are right on cue with Fed inflation target, report CORDELL EDDINGS and DANIEL KRUGER

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More cash to splash: Inflation expectations have picked up on signs that wage growth will lead to higher consumer spending. - PHOTO: BLOOMBERG

[NEW YORK] THE Federal Reserve's attempt to lift inflation to a level that would reflect a healthier US economy is starting to have a definite effect on the bond market. For the first time in 19 months, investors are stepping up their buying of exchange-traded funds (ETFs) that hold Treasuries

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