Warren Buffett’s Berkshire Hathaway recently released its second quarter holdings, and some analysts say the report offers indications that Buffett expects inflation to hit sooner rather than later.

According to Bloomberg news, 21% of Berkshire income investments (such as Treasuries, municipal debt, foreign-government securities and corporate bonds) were due in one year or less as of June 30. That’s up from 18% at the end of the first quarter, and 16% at the end of last year’s second quarter.

The decrease in longer-term fixed-income investments could mean that Buffett — who has warned against inflation as government debt has skyrocketed — thinks inflation is coming sooner than many others think, some of those interviewed by Bloomberg say. To read the full article, click here.