This paper examines U.S. Treasury securities and their reflection on increased inflationary fears in the US. Implications from recent monetary policy suggests conventional Treasury yields have not shown the full extent of rising fears of inflation in financial markets. In this monetary...

The Covid-19 Pandemic and policy response rattled the USTreasury markets. Conventional US Treasuries, inflation adjustedUS Treasuries, and the relationship between the two developed inways such that ignoring changes in real interest rates yielded dis-torted inflation expectations estimates....