iShares TIPS Bond ETF

TIP monthly - bearish - 5/20/2015

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TIP is weakening since the start of the year and is now breaking the red support. TIP usually is used to hedge inflation risk for bond investors (it has 13.68 B asset with a yield of 1.63%). Note the 10 MA is rolling over and now pointing down.

If TIP is falling, meaning investors do not worry about unexpected inflation. I think this is one reason the Fed may not raise interest rate any time soon.

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