TIP - iShares TIPS Bond ETF
| Previous Close | 112.95 |
| Open | 112.80 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 112.64 - 112.84 |
| 52 Week Range | 111.28 - 115.26 |
| Volume | 640,216 |
| Avg. Volume | 1,551,045 |
| Net Assets | 24.62B |
| NAV | 113.04 |
| PE Ratio (TTM) | N/A |
| Yield | 2.11% |
| YTD Return | -0.88% |
| Beta (3y) | 0.93 |
| Expense Ratio (net) | 0.20% |
| Inception Date | 2003-12-04 |
- Market Realist•11 hours ago
Another Indicator Signaling Rising Inflation
The US Bureau of Labor Statistics releases a monthly report that tracks price trends in wholesale markets. Industries from the manufacturing sector (XLI) are surveyed for changes in input prices, and this survey data is used to construct the PPI (Producer Price Index). The survey comprises questions on raw material prices, production levels, and finished goods.
- Market Realist•2 days ago
US Job Openings Still Near Highs
The Bureau of Labor Statistics (or BLS) released the “Job Openings and Labor Turnover Survey” (or JOLTS) data for February on April 13. The data for this survey is collected by a monthly survey on job openings, the number of new employees hired, the number of employees who have quit, the number of employees asked to leave, and other job separations. The JOLTS report is an indication of the demand for workers in the United States.
- Market Realist•3 days ago
Why Bond Yields Weren’t Affected by the March Inflation Report
The most recent inflation (VTIP) report indicated that core inflation moved closer to the Fed’s 2% target, which could translate into further rate hikes from the central bank. At its recent meeting, the Fed clearly stated that it would continue tightening if supported by economic data. If interest rates and inflation (SCHP) start rising, bond (BND) yields could rise in response and bond prices could fall. US bond yields were largely unaffected by the inflation report favoring higher rates.
- Market Realist•3 days ago
Why Rising Inflation Could Pose a Threat to Equity Markets
On April 11, market participants expected a volatile session after the US inflation report, but, to their surprise, Donald Trump’s tweet earlier in the day about Syria and missiles pushed markets lower. Had there not been any geopolitical tensions, the market reaction could have been negative despite the lower headline number. A faster pace of rate hikes from the Fed may have contributed to the market performance that day. The Fed has been increasing interest (SCHP) rates at a slower pace in the last two years despite employment picking up, citing low inflation as the reason for its slower pace.
- Market Realist•4 days ago
Why March’s Inflation Numbers Could Pressure the Fed
The US Bureau of Labor Statistics has reported that US consumer prices fell 0.1% in March. The labor department reported that the consumer price index fell 0.1% in March after rising 0.2% in February. Though the headline inflation (TIP) was lower than expected, core inflation (VTIP), which excludes volatile food and energy prices, rose 0.2% in March, marking a YoY (year-over-year) increase of 2.1%, above the Fed’s 2% target. This increase in core inflation, following strong growth by the producer price index in March, could translate to higher inflation in the coming months.
- Market Realist•4 days ago
US Inflation Rises: How Will It Impact Gold Prices?
According to the US Bureau of Labor Statistics, the US consumer price index (or CPI) rose 2.4% year-over-year (or YoY) in March 2018. The core CPI, which excludes volatile food and energy components, rose 0.2% over the previous month and 2.1% YoY in March. One of the factors that has significantly contributed to this increase is the impact of a change in mobile phone service costs.
- Market Realist•7 days ago
What Drove Consumer Sentiment Index to 14-Year High?
The University of Michigan final consumer sentiment for March was reported at 101.7, up by 1.7 as compared to the final February reading of 99.7. The consumer sentiment index is a forward indicator, as it considers the expectations that consumers have about the economy. Consumer expectations influence their spending decisions, which in turn have an impact on the aggregate demand in the economy.
- Market Realist•7 days ago
Why Soft March Payrolls Aren’t a Weak Sign for the Economy
The non-farm payrolls for March rose by 103,000, which was below the consensus expectation of 193,000 jobs being added and way below the February number of 326,000 jobs. The unemployment rate for March remained unchanged at 4.1%.
- Market Realist•7 days ago
FOMC Members Are More Confident about Inflation
The March FOMC meeting minutes indicated that the staff and FOMC members turned bullish on inflation. According to the minutes, all of the FOMC members expected the 12-month inflation (TIP) to increase in the coming months. The FOMC staff review indicated that PCE (personal consumption expenditures) inflation remained below the 2% target.
- Market Realist•7 days ago
FOMC Members Reviewed the US Financial Situation
The FOMC staff review indicated that US financial markets have been turbulent since the last meeting, which resulted in increased equity market volatility (VXX) and lower equity (VOO) asset prices. The reason cited for the increased equity market volatility was the surprising uptick in average hourly earnings in the January employment report, which made investors concerned about higher inflation and the interest rate increase. ...
- Market Realist•7 days ago
FOMC on the Economic Situation: A Strong US Economy
In FOMC meeting minutes, a staff review of the economic situation is presented to the FOMC members. In the March meeting minutes, the FOMC staff review of the economy was stronger than the review presented at the January meeting. The short-term real GDP growth expectation was revised lower due to softness in recent economic data. The medium and long-term projections for economic growth were revised higher due to the expected positive impact of the recent federal budget and tax cuts. US unemployment is expected to remain below the longer-run natural rate. ...
- Market Realist•7 days ago
Key Takeaways from the March FOMC Meeting Minutes
The last FOMC (Federal Open Market Committee) meeting was on March 20–21, 2018. At the meeting, the target range for the federal funds rate increased 0.25% to 1.50%–1.75%. The decision to increase the rate was made after Fed members assessed current economic conditions and the outlook for economic activity. The decision to increase the interest rates was unanimous.
- Market Realist•16 days ago
How February PCE Inflation Data Could Affect Fed’s Decisions
Personal consumption expenditure (or PCE), as defined by the Bureau of Economic Analysis (or BEA), is the value of goods and services purchased by, or on the behalf of, people who reside in the United States. PCE inflation (CPI) is the preferred tool of the US Fed when assessing the price levels in the economy, as it reflects the actual increase in prices for consumers. Increasing inflation (VTIP) could give the US Fed enough confidence to continue to increase the Fed funds rate.
- Market Realist•16 days ago
US Personal Income Rose in February
The Bureau of Economic Analysis (or BEA), which is a part of the US Department of Commerce, releases a monthly report on personal income, disposable personal income, and personal consumption expenditures of US consumers. As per the latest report from the BEA, personal income increased by 0.4% in February, which was the same level of wage growth in January.
- Market Realist•17 days ago
Why Rosengren Thinks US Monetary Policy Tools Are Inadequate
Do We Have the Tools to Combat a Recession? In his keynote delivered at the tenth conference organized by the International Research Forum on Monetary Policy in March, Boston Federal Reserve president Eric Rosengren highlighted US policy tools’ deficiency in combating another recession. Speaking about the monetary policy tools, he said that the current level of US short-term interest rates (SHY) leaves little room for them to be lowered during an economic slowdown.
- Market Realist•18 days ago
Boston Fed President Eric Rosengren’s Views on US Monetary Policy
In March 2018, Boston Federal Reserve president Eric Rosengren delivered the keynote at the tenth conference organized by the International Research Forum on Monetary Policy. The discussion aimed to analyze if the US economy was equipped with the policy tools to combat a recession. Rosengren repeatedly cautioned the audience that he was not predicting a recession anytime soon, though wanted to highlight that it is the right time to prepare for any future slowdown.
- Market Realist•21 days ago
What Are the Reasons behind Improved Projections for US GDP?
The FOMC (Federal Open Market Committee) updated its economic projections for the US economy at its recently concluded March meeting. Along with a statement that included a 0.25% rate hike, the FOMC released its upgraded economic projections through its Summary of Economic Projections (or SEP) report. The report is released four times per year and contains Fed members’ projections for GDP growth, inflation (TIP), unemployment, and the policy interest rate.
- Market Realist•21 days ago
What to Make of the Rebound in the Final Estimate for 4Q17 GDP
The Bureau of Economic Analysis (or BEA) released the third and final estimate for the fourth quarter GDP, indicating that the US economy has improved at an annual rate of 2.9% in the fourth quarter. The third estimate was above the second estimate of 2.5% and below the third quarter GDP growth rate of 3.2%. On an annual basis, real GDP increased 2.3% in 2017 compared to the 1.5% increase in 2016.
- Market Realist•24 days ago
US Inflation Softens, Gold Still Has Drivers to the Upside
Gold Price Drivers: The Fed, Trade War Fears, the US Dollar
- Market Realist•28 days ago
Why the Fed Expects Unemployment to Fall to 3.6%
The FOMC (Federal Open Market Committee), as part of its statutory mandate, seeks to foster maximum employment and stable prices (TIP). The efforts of the Fed with its accommodative monetary policy and excessive money printing helped bring back unemployment below the target rate of 4.5%. Over the last 12 months, unemployment levels have fallen to a 17-year low of 4.1%.
- Market Realist•29 days ago
What’s the Fed’s View on Inflation Growth?
The FOMC’s (Federal Open Market Committee) March statement was released on Wednesday, March 21, 2018, and the outlook for the closely watched inflation remained muted. The statement indicated that on a 12-month basis, both inflation (CPI) and core inflation (which excludes food and energy) have continued to be below the 2% target rate. The summary of economic projections released along with the FOMC statement indicated minimal changes to the inflation growth outlook.
- Market Realist•29 days ago
Why Did the Fed Upgrade Its GDP Forecast for 2018?
In its March FOMC (Federal Open Market Committee) meeting, the Fed increased the Federal funds rate by 25 basis points and released the upgraded economic projections through the Summary of Economic Projections (or SEP) report. The report is released by the FOMC and contains the members’ projections for GDP growth, inflation (TIP), unemployment, and the policy interest rate.
- Market Realist•29 days ago
A Strengthening US Economy and a Cautious Fed
In the first policy meeting under new Fed chair Jerome Powell, the FOMC (Federal Open Market Committee) increased the interest rate by 0.25%. It increased the target range of the federal funds rate to 1.5%–1.75%, leaving the monetary policy stance accommodative in its effort to support a strong labor market and for inflation (TIP) to reach a sustained level of 2%. The decision to increase the US interest rate was unanimous with an 8–0 vote.
- Market Realist•29 days ago
February’s Capacity Utilization Trends across US Industries
Understanding the Rebound in Industrial Production
