|Day's Range||114.16 - 114.54|
|52 Week Range||110.90 - 117.55|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.20%|
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.
Sector outlooks from our Fixed Income Investment Strategy Committee. Country and sector allocation will continue to be a key consideration for investors moving forward as rates persist in their slow ascent. We maintain our favorable outlook for ...