Why are Bonds Calm About Inflation? Aug 02, 2021 View in your browser Why are Bonds Calm About Inflation? By Erik Norland, Senior Economist, CME Group Has Quantitative Easing Distorted Treasuries Market? U.S. bonds muted even as June inflation rose to multi-year highs. Bond investors seem to share Fed view of rising inflation being transitory. Investors might feel supply chain disruptions and labor shortage could ease. Have the many years of quantitative easing distorted Treasuries market? Read article SEE MORE ANNOUNCEMENTS