With sticky inflation re-emerging as the dominant macro story, retail investors are aggressively searching for a shield to protect their purchasing power. Naturally, there’s a flood of advice pointing them to Treasury Inflation-Protected Securities (TIPS) —specifically to giant index trackers like the iShares TIPS Bond ETF (TIP).
The narrative sounds bulletproof, right? Consumer prices are rising, so an asset legally engineered to adjust its principal alongside inflation must be a slam dunk.
