Q: Hi Team,
I understand that TLT should decline as bond yields rise. On the other hand, why does TIP continue to decline? I was under the impression that TIP is indexed to CPI, shouldn't TIP be rising at this time?
I understand that TLT should decline as bond yields rise. On the other hand, why does TIP continue to decline? I was under the impression that TIP is indexed to CPI, shouldn't TIP be rising at this time?