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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

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...

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