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Inflation Comes In Below Forecast, Thanks Again Mostly to Lower Gasoline Prices
Doug Short • Fri, May 17 • 2 Comments
Major Asset Class April 2013 Performance Review
James Picerno • Fri, May 3 • 2 Comments
Take Profits Or Sell BND And Buy Series I Bonds
Kirk Lindstrom • Thu, May 2 • 13 Comments
PCE Price Index Update: The Disinflationary Trend Continues
Doug Short • Tue, Apr 30 • 2 Comments
What You Are Told About Inflation Protection Is Wrong
David Cretcher • Mon, Apr 29 • 21 Comments
Federal Reserve Is Distorting Capital Allocation Decisions
John M. Mason • Tue, Apr 9 • 5 Comments
Major Asset Class March Performance Review
James Picerno • Wed, Apr 3 • 2 Comments
How To Make Money With Modern Money Theory
David Cretcher • Sun, Mar 31 • 15 Comments
Inflation And The Money Base
Chris Ridder • Wed, Mar 6 • 8 Comments
2 Measures Of Inflation: New Update
Doug Short • Sun, Feb 24 • 6 Comments
Inflation: A 5-Month X-Ray View
Doug Short • Fri, Feb 22 • 1 Comment
What Inflation Means To You: Inside The CPI
Doug Short • Fri, Feb 22 • 2 Comments
Inflation Remains Tame Year-Over-Year, But Core Inflation Jumped In January
Doug Short • Thu, Feb 21
Ask Russ: How Bad Is The Sequester? Is Hyperinflation A Certainty?
Russ Koesterich • Thu, Feb 21 • 5 Comments
The Evolution Of Portfolio Theory
Roger Nusbaum • Wed, Jan 30 • 6 Comments
Gold Bugs Hedge With TIPS
Cerebro1 • Thu, Jan 10 • 2 Comments
Larry Swedroe Positions For 2013: Resist The Temptation To Stretch For Yield
Larry Swedroe • Tue, Dec 25, 2012 • 148 Comments
PIMCO Total Return ETF Manager Gross Offers 5 Investing Tips
Tom Lydon • Mon, Dec 24, 2012
Is Your Bond Portfolio Skating With The Puck Or Skating To Where The Puck Will Be?
Jon Parepoynt • Wed, Dec 19, 2012 • 27 Comments
Whip Inflation Now
Brad Zigler • Mon, Dec 10, 2012 • 20 Comments

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Why Buy Bonds With a Negative Yield?
David Moenning • Fri, Oct 29, 2010 • 3 Comments
Individual Bonds vs. Bond ETFs: Two Completely Different Animals
Morningstar • Thu, Feb 11, 2010 • 23 Comments
Duration and TIPS: The Looming Scandal
IndexUniverse • Tue, Feb 9, 2010 • 14 Comments

Inflation Comes In Below Forecast, Thanks Again Mostly to Lower Gasoline Prices
Doug Short • Fri, May 17 • 2 Comments
Major Asset Class April 2013 Performance Review
James Picerno • Fri, May 3 • 2 Comments
Take Profits Or Sell BND And Buy Series I Bonds
Kirk Lindstrom • Thu, May 2 • 13 Comments
PCE Price Index Update: The Disinflationary Trend Continues
Doug Short • Tue, Apr 30 • 2 Comments
What You Are Told About Inflation Protection Is Wrong
David Cretcher • Mon, Apr 29 • 21 Comments
Federal Reserve Is Distorting Capital Allocation Decisions
John M. Mason • Tue, Apr 9 • 5 Comments
Major Asset Class March Performance Review
James Picerno • Wed, Apr 3 • 2 Comments
How To Make Money With Modern Money Theory
David Cretcher • Sun, Mar 31 • 15 Comments
Inflation And The Money Base
Chris Ridder • Wed, Mar 6 • 8 Comments
2 Measures Of Inflation: New Update
Doug Short • Sun, Feb 24 • 6 Comments
Inflation: A 5-Month X-Ray View
Doug Short • Fri, Feb 22 • 1 Comment
What Inflation Means To You: Inside The CPI
Doug Short • Fri, Feb 22 • 2 Comments
Inflation Remains Tame Year-Over-Year, But Core Inflation Jumped In January
Doug Short • Thu, Feb 21
Ask Russ: How Bad Is The Sequester? Is Hyperinflation A Certainty?
Russ Koesterich • Thu, Feb 21 • 5 Comments
The Evolution Of Portfolio Theory
Roger Nusbaum • Wed, Jan 30 • 6 Comments
Gold Bugs Hedge With TIPS
Cerebro1 • Thu, Jan 10 • 2 Comments
Larry Swedroe Positions For 2013: Resist The Temptation To Stretch For Yield
Larry Swedroe • Tue, Dec 25, 2012 • 148 Comments
PIMCO Total Return ETF Manager Gross Offers 5 Investing Tips
Tom Lydon • Mon, Dec 24, 2012
Is Your Bond Portfolio Skating With The Puck Or Skating To Where The Puck Will Be?
Jon Parepoynt • Wed, Dec 19, 2012 • 27 Comments
Whip Inflation Now
Brad Zigler • Mon, Dec 10, 2012 • 20 Comments

There are no Transcripts on TIPZ.

Video: How the Fed Could Disappoint Markets

at MarketWatch.com (Nov 1, 2010)

TIPZ vs. ETF Alternatives

TIPZ Description

The PIMCO Broad U.S. TIPS Index Fund is an exchange-traded fund (ETF) that aims to capture the returns of The BofA Merrill Lynch US Inflation-Linked Treasury IndexSM. By tracking the index, the Fund aims to achieve, before fees and expenses, the real return (above inflation) and the diversification benefits inherent in this index. The Fund utilizes an optimized basket strategy, which may reduce bid-ask spreads and tighten the premium/discount to NAV over time.
See more details on sponsor's website

Country: United States

Key Info

In Your Portfolio: Broad U.S. Bond ETFs, A Guide to U.S. Government Bond ETFs
Asset Class Performance: Bonds

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Wednesday, May 15, 3:40 PM More from Gundlach: Not concerned about inflation, he calls TIPS (TIP) "pretty bad" investments and says he'll be a buyer if the 10-year (TLT) yield bounces back to 2% (off 3 bps today to 1.94%). As for the inevitable Apple (AAPL -3.3%) question - he prefers the common stock to the just-issued bonds. Warren Buffett says he prays for stocks he owns to go down in price - it allows him and company repurchase programs to buy at better prices. Is Apple putting money to work the last couple of days? 15 Comments [Tech]
Friday, April 26, 3:26 PM TIPS have mostly rebounded from a recent selloff, but Barclays spots an opportunity at the short-end of the curve. Some 1-year notes are expected to fall in price next week when they fall out of the Barclays U.S. TIPS Index (which must drop them when less than a year to maturity). The ensuing forced selling by funds such as the TIP could create a bargain price for buyers. Comment!
Friday, April 19, 12:48 PM Bill Gross takes advantage of the recent selloff in TIPS (TIP) to add to his holdings, noting the break-even rate for longer-dated paper has fallen to 2.35% (if inflation comes in above this number, TIPS outperform Treasurys). Yesterday's Treasury auction of TIPS was a mess, with one trader calling the action a "get me out" trade. Gross is getting in. 1 Comment [U.S. Economy]
Monday, April 15, 1:42 PM Gold isn't the only inflation hedge losing fans as funds owning TIPS have seen 3 straight months of outflows, according to Morningstar, the first such streak since 2008. At current levels, 5-year TIPS (TIP) would break even only if inflation rises more than 2.18% annually. "We just don't see (it)," says formerly bullish strategist Dan Heckman, whose fund has been a seller of late. 1 Comment [Financials, U.S. Economy]
Friday, January 25, 3:24 PM Inflation-protected securities have duration as well. Today's selloff in Treasurys (TLT -1.5%) is also taking a bite out of TIPS (TIP -0.5%). Meanwhile, Morningstar launches its Real Asset Index which will hold a portfolio of TIPS, REITs, and commodity stocks and futures. Perhaps an ETF will soon be launched to track it. Comment! [U.S. Economy]
Wednesday, December 19, 2012, 3:27 PM Bill Gross (BOND) is "lightening positions" in MBS after they've been a big winner for his funds this year (interesting: the MBB has actually declined since the Fed began QE∞). He's also cutting back on his holdings of corporate paper (LQD). Expecting the Fed to eventually produce higher inflation, he's added to his holdings of TIPS (TIP), while cutting back on non-inflation protected Treasurys. 3 Comments [U.S. Economy, Financials]
Wednesday, December 12, 2012, 4:36 PM Treasurys have a tough day following the Fed's decision to pour on the liquidity, the price on the 10-year note falling nearly half a point following the FOMC announcement. Inflation-protected securities continue to be a (relatively) excellent place to hide out, with TIP -0.3% against TLT's 1.2% decline. No inflation worries? TIPS have outperformed Treasurys of a similar maturity by a wide margin this year. Comment! [U.S. Economy]
Thursday, December 6, 2012, 11:28 AM No inflation? It's another record-high for the TIPS Bond Fund (TIP) as inflation-protected securities continue to outperform Treasurys of a similar maturity (a run stretching back to Sept. 2011). Thus far this year, TIP has posted a total return of better than 8%. 1 Comment [U.S. Economy]
Wednesday, November 21, 2012, 11:47 AM The Treasury sells $13B in 10-year TIPS priced to yield -0.72% vs. a when-issued yield of -0.76%. Bid-to-cover ratio of 2.53 vs. a recent 2.35; indirect bidders take down 48% vs. a recent 43.8%, direct bidders 10.3%. TIP -0.3%. Comment! [U.S. Economy]
Wednesday, October 17, 2012, 9:12 AM TIPS investors have another fund to choose from as Vanguard's Short-Term Inflation Protected Securities ETF (VTIP) traded 30K shares on its launch yesterday. The fund's fee is 0.10% vs. similar funds STIP and STPZ which charge 0.20%. 1 Comment [U.S. Economy]
Thursday, September 20, 2012, 1:23 PM Investors grudgingly pay up for inflation protection, the Treasury selling $13B in 56-month TIPS at -0.75% - the 5th consecutive auction of negative yields. Bid-to-cover ratio of 2.35 vs. a recent average of 2.78; direct bidders took down 7.6% vs a recent 15.6%, indirect bidders 43.8% vs. a recent 39%. On-the-run TIPS take a bit of a tumble after the weakish results. TIP -0.2%. Comment! [U.S. Economy]
Friday, September 14, 2012, 3:23 PM Deflation risk? As Treasurys plummet (TLT -2.4%), inflation-protected bonds (TIP +0.5%) move in the opposite direction. Michael Gayed tracks the ratio of TIP to the 7-10 year Treasury ETF (IEF) as a way to gauge inflation expectations, and it's spiked higher of late, suggesting far higher inflation fears. 12 Comments [U.S. Economy]
Thursday, August 23, 2012, 5:09 PM Noting the FOMC minutes said additional ease is coming fairly soon unless the economy sees "sustainable strengthening," Bill Gross says QE3 is a "done deal." He expects an open-ended program in which neither the size nor ending date of asset purchases is fixed. How to play it? Buy TIPs and buy mortgages (or buy the companies that buy mortgages). 4 Comments [Financials, U.S. Economy]
Tuesday, July 10, 2012, 9:42 AM Merrill Lynch quietly tells its clients to prepare for a fundamental geopolitical shift in which western (mostly American) dominance crumbles with nothing ready to take its place. Ideas: Buy ETFs to guard against inflation and higher taxes set to be unleashed by desperate governments. Abandon the idea Treasurys are a special risk-free asset class, and look at the paper of places like Australia and Singapore. 7 Comments [Global & FX, U.S. Economy]
Wednesday, June 13, 2012, 3:14 AM Pimco's Total Return Fund increased its exposure to U.S. Treasury-related securities to 35% in May from 31%, and raised its leverage on the $261B portfolio. 2 Comments
Tuesday, June 5, 2012, 5:12 PM Interesting stuff - the TIPS curve has inverted, the 1-year yield moving from -2.5% to zero in 4 months, meaning the market is now pricing in 0% inflation over the next year vs. 2.5% just weeks ago. Inflation expectations haven't collapsed like this since 2009. Might this chart be making the rounds with the Fed staff? 8 Comments [U.S. Economy]

Thomas Pan
Inflation is not an issue yet as 96% of food cost has nothing to do with the price of raw materials. TIP TIPZ
2/6/11
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ETFdesk
WaysToPlay: Why Inflation Hawks Should Stand Down http://bit.ly/dhwJRo $TIP $TIPZ $GLD #ETF #MKT #Gold #Forex #Inflation
3/4/10
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ETFdesk
WaysToPlay: Inflation Protected Bonds Murdered As PIMCO And BlackRock's Hyperinflation Fears Flounder http://bit.ly/dgFtnP $TIP $TIPZ #ETF
2/16/10
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SA Editor Jonathan Liss
TIPS ETFs (TIP, IPE, TIPZ) seem like an obvious play to combat inflation. But with a rate near 0, they risk losing principal as Fed raises
2/11/10
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ETFdesk
WaysToPlay: Will the market rise or fall? Government growth clouds prospects http://bit.ly/6IgC9A $GLD $IWm $SPY $TIPZ #Gold #ETF #MKT
12/29/09
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WaysToPlay: TIPS Give Way to Inflation as Deflation-Adjusted Yields Decline http://bit.ly/7JymrO $TIP $TIPZ $TLT #ETF #MKT #inflation
12/21/09
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ETFdesk
WaysToPlay: Investors Bet on Resurgence of Inflation http://bit.ly/7tTB0k $TIPZ $TIP $LTPZ #Inflation #ETF #MKT
12/14/09
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WaysToPlay: U.S. Wholesale Prices Show Few Inflation Pressures http://bit.ly/2sUd6G $TIP $TIPZ #ETF #MKT #Inflation
11/17/09
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ETFdesk
WaysToPlay: What Do Bond Traders Think They Know http://bit.ly/133Q6v $TIP $TIPZ $GLD $TLH $TLT $LTPZ #Inflation #ETF #MKT #Gold
11/15/09
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WaysToPlay: As Rally Rolls, Keep an Eye on Inflation Expectations http://bit.ly/14Wqvb $TIP $TIPZ #Inflation #Bonds #ETF #MKT #Economy
11/9/09
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