Summary
- The year was marked by rising short-term real yields, as longer-term yields held stable or declined.
- If economic growth continues, longer-term real yields should begin rising. Watch for the 10-year real yield to climb toward 1.0%.
- The year’s TIPS auctions offered a couple of buying opportunities. Not spectacular, but solid, safe investments.
Treasury Inflation-Protected Securities 
This is a personal decision and depends on your other investment options. If you think inflation will continue to be…