Allen, Kyle D.; Hein, Scott E. - In: Journal of Central Banking Theory and Practice 12 (2023) 3, pp. 5-22
The Covid-19 Pandemic and policy response rattled the USTreasury markets. Conventional US Treasuries, inflation adjustedUS Treasuries, and the relationship between the two developed inways such that ignoring changes in real interest rates yielded dis-torted inflation expectations estimates....
