Kazakhstan’s Trump Trade Is a $1 Billion Bet on Inflation-Hedging Bonds
(Bloomberg) -- Kazakhstan plans to buy $1 billion of inflation-protected US Treasuries in a wager that President Donald Trump’s policies will stall progress in bringing down inflation.Most Read from BloombergHow Upzoning in Cambridge Broke the YIMBY MoldRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’Remembering the Landscape Architect Who Embraced the CityNYC’s Finances Are Sinking With Gauge Falling to 11-Year LowUS Tent Facility is Holding Migrant Families Longer Than Recommen