Summary
- Real yields fell sharply this week in reaction to White House turmoil.
- The 10-year inflation breakeven rate came in at an attractive 1.79%, making this TIPS attractive versus a nominal Treasury.
- Market reaction looks positive, with TIPS yields falling after the auction close.
Check out ICPI (Shares 0-1 Year TIPS Bond ETF). It is a Shares TIPS ETF with a duration of 0.53…