PIMCO

The currency market is the largest and most liquid financial market in the world. Currencies like the U.S. dollar, the British pound, and the euro trade in the foreign exchange (FX) market 24 hours a day,

Inflation affects all aspects of the economy, from consumer spending, business investment and employment rates to government programs, tax policies, and interest rates.

Inflation reflects the changing prices of goods and services, and it has the potential to affect investments, particularly bonds. Since the bond market is large and diverse, it provides many opportunities for investors in all sorts of inflationary environments.