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Inflation Bonds Lead Gains in U.S. Government Debt


U.S. government bonds that offer investors protection against inflation rallied Monday, powered by concerns that a surge in oil prices would raise consumer prices after an attack on the heart of Saudi Arabia’s oil industry.

The yield on 10-year Treasury inflation-protected securities, or TIPS, snapped a streak of five consecutive increases, falling to 0.173% from 0.227% Friday, according to Tradeweb. Bond yields fall when prices rise.

Source: Markets