Leading inflation indicator (PPI) showing 4.2% US annual inflation. Why would you hold 1.6% bonds or cash?

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Leading inflation indicator (PPI) showing 4.2% US annual inflation. Why would you hold 1.6% bonds or cash?

Leading inflation indicator (PPI) showing 4.2% US annual inflation. Why would you hold 1.6% bonds or cash? submitted by /u/Godspiral
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