By Liz Capo McCormick and Daniel Kruger
May 29 (Bloomberg) -- They’re back.
What bond investors dread is accelerating inflation after the government and Fed agreed to lend, spend or commit $12.8 trillion to thaw frozen credit markets and snap the longest U.S. economic slump since the 1930s. The central bank also pledged to buy as much as $300 billion of Treasuries and $1.25 trillion of bonds backed by home loans.
At moment we may be ok, but it is coming.... Are you ready....?