Two Ways: Bond Funds Seek Out TIPS

07/23/2009 05:12 am ET | Updated May 25, 2011
  • Minyanville Minyanville

TIPS of the Day Consumer inflation plunged by the highest amount in sixty years the Department of Labor said last Thursday. But still that hasn’t prevented the world’s largest bond funds from seeking protection from rising prices.According to Bloomberg one day after the Labor Department said the consumer price index fell by the most since 1950 Blackrock issued a special report on why investors should seek out TIPS or Treasury Inflation Protected Securities. PIMCO’s Bill Gross manager of the world’s largest bond fund also thinks TIPS are appealing but describes Treasuries as one of the worst places to invest. ...

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