Carmignac Sees Deficits Making Central Banks Inflation Tolerant
Carmignac is extending the maturity of its inflation-linked bond holdings in a bet that mounting pressure on government budgets will push central banks to tolerate higher inflation in coming years.
By Alice Atkins · Bloomberg Markets
Carmignac is extending the maturity of its inflation-linked bond holdings in a bet that mounting pressure on government budgets will push central banks to tolerate higher inflation in coming years.