Even by the standards of financial markets, the inflation-linked market has been inordinately hyped during its relatively brief life. Bankers constantly reiterate the vast potential for issuance and investment. Every new issue is heralded as a breakthrough and every new mandate for investment is seen as proof that inflation-linked products are growing inexorably.
Yet – and though Credit is loath to admit when investment bankers' claims prove to be substantiated – it appears that there i
The week on Risk.net, December 2–8, 2017Receive this by email