Rising Rates and Low Inflation a Toxic Mix For TIPS ETFs
July 10, 2013 at 13:34 PM EDT
Investors who bought TIPS ETFs for inflation protection have received a harsh lesson on how they can lose money when Treasury yields rise. The iShares TIPS Bond ETF (NYSEArca: TIP) is down about 8% for the trailing three months, according to Morningstar. The TIPS fund has a weighted average...