Inflation-indexed U.S. treasury bonds: Revisited

The purpose of this paper is to better understand inflation-indexed bonds by comparing and analyzing before and after-tax return and duration in both IIBs and conventional bonds. A discussion is presented of the cash flow of the IIBs and the conventional bonds using the historical data by analyzing...

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Veröffentlicht in:American business review 2001-06, Vol.19 (2), p.1
Hauptverfasser: Johnson, R Larry, Widyawan, Bisma
Format: Artikel
Sprache:eng
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Zusammenfassung:The purpose of this paper is to better understand inflation-indexed bonds by comparing and analyzing before and after-tax return and duration in both IIBs and conventional bonds. A discussion is presented of the cash flow of the IIBs and the conventional bonds using the historical data by analyzing before and after-tax returns. The inflation rate break-even point, the duration of the bonds, and the tax implications on the cash flows for the IIBs, are discussed.
ISSN:0743-2348