This is the conventional position, so I don’t think there’s a great opportunity to be betting for it. Inflation-protected treasuries are trading with about a 2

This is the conventional position, so I don’t think there’s a great opportunity to be betting for it. Inflation-protected treasuries are trading with about a 2.5% premium in yield. So if you can buy bonds, and sell inflation-protected bonds, you can make money if the inflation rate is below that.