For bond prices to rise on such a big jump in inflation, markets must be placing a great deal of faith in the core index as the true gauge of price pressures. Is that wise?

单纯因为债券价格在通胀中暴涨，就为市场核心指标设置犹如真正价格压力标尺的一系列的标准，这明智么？

youdao

Bond arbitrage involves spotting apparently unjustified differences in the prices of bonds with similar risks and placing huge bets that the prices will revert to their normal relationship.

ECONOMIST: Salomon Brothers