Updated
Updated · Bloomberg · May 7
Global inflation-linked bonds rise in 2026 and draw record ETF inflows
Updated
Updated · Bloomberg · May 7

Global inflation-linked bonds rise in 2026 and draw record ETF inflows

2 articles · Updated · Bloomberg · May 7
  • A Bloomberg gauge of the asset class has gained 2%, topping 24 major fixed-income indexes, while BlackRock's $15 billion US TIPS ETF logged its biggest monthly inflows since 2021.
  • The rally suggests investors are again seeking inflation protection, but unlike the 2022 oil-shock episode triggered by war, this year's move has so far delivered positive returns.
  • Strong demand for linkers highlights renewed concern that higher energy prices could feed through to consumer prices and reshape fixed-income allocations globally.
If Middle East tensions ease, could popular inflation-linked bonds become tomorrow's biggest losers?
Beyond bonds, what overlooked assets offer the best protection against this new era of stagflation?
With central banks holding rates steady, are inflation-linked bonds the only safe harbor for investors?