Contrarian Call: TIPS Make Sense Now, Says Pimco

Treasury Inflation-Protected Securities (TIPS) have few fans these days. Scant inflation has lessened demand, as have worries about buying government bonds when the Federal Reserve is likely to start raising interest rates later this year. The iShares TIPS Bond ETF (TIP), is negative year-to-date, for example. Nonetheless, Pimco highlights TIPS in connection with its long-term outlook for the [...]