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U.S. Bonds Flash Mixed Messages on Inflation as Real Yields Sink

  • 30-year inflation-protected Treasury yields hit a record low
  • Inflation, growth, Fed offered as possible reasons for slide
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Bondholders are increasingly willing to be paid less than nothing in the U.S. Treasury market. 

With consumer prices rising at the fastest pace since 1990, so-called real yields on U.S. government securities -- or the rate after inflation is taken into account -- have dived even deeper below zero. The rate on 30-year inflation-protected securities, a measure of real yields over the next three decades, dropped to a record low of around minus 0.62% Wednesday.