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Silverbird
05-23-2008, 03:27 PM
The Inflation Impact on Bonds
Nightly Business Report - Transcript
Monday, May 19, 2008
PAUL KANGAS: Inflation concerns have recently been putting pressure on bond prices. Today, the benchmark 10-year note traded higher, while its yield fell to 3.84 percent. But with the yield on the 10-year nearing 4 percent, investors are wondering what's in store for bonds this year. Suzanne Pratt reports.

SUZANNE PRATT, NIGHTLY BUSINESS REPORT CORRESPONDENT: In recent weeks, a bit of a battle has been brewing in the bond market. Some experts believe economic growth will remain sluggish in the second quarter, making Treasuries a desirable investment. Others however, are more concerned about inflation as oil and commodity prices surge. For that reason many investors have been bailing on bonds. Lehman Brothers' Jack Malvey says inflation has surpassed the credit recession as the biggest worry for fixed income investors.....

http://www.pbs.org/nbr/site/onair/transcripts/080519b/