Journal Article

Inflation expectations: how the market speaks


Abstract: This Economic Letter discusses the structure of Treasury Inflation-Protected Security (TIPS) contracts, the development of the market in recent years, and the measure of inflation compensation derived from comparing TIPS yields to nominal yields.

Keywords: Government securities;

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Provider: Federal Reserve Bank of San Francisco

Part of Series: FRBSF Economic Letter

Publication Date: 2005

Order Number: 25