|Day's Range||114.24 - 114.44|
|52 Week Range||110.90 - 117.55|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.20%|
The FOMC's May meeting minutes were released on Wednesday. Now, markets (SPY) doubt if the Fed will hike interest rates in the June meeting.
Inflation hedge Investors tend to hold gold in their portfolios as insurance against inflation. When inflation is high, the value of paper currency, in terms of the goods and services it…
Traders were expecting a strong auction for $11 billion ten-year Treasury Inflation Protected Securities (TIPS) on Thursday and they got one. Dealers took one of the smallest portion of the auction in years thanks to strong demand from both direct and indirect bidders. "Demand for inflation protection literally off the charts," is the subject line Peter Boockvar of The Lindsey Group put on his note to clients. Aaron Kohli of BMO Capital Markets doesn't see the strong demand as a sign of better things to come for TIPS.