PIMCO 1-5 Year U.S. TIPS ETF
According to Bloomberg, Treasury Inflation-Protected Securities (or TIPS) have generated a year-to-date return of 6.3% compared to 4.7% by the broad Treasury market.
Company & Industry Overviews
The US Treasury auctioned five-year TIPS worth $14 billion on August 18. The overall demand for the securities fell 2.1% from the previous auction.
The U.S. Treasury auctioned ten-year TIPS worth $11 billion on May 19, 2016. The auction amount was set at $13 billion.
The short-term securities that have already been auctioned last week include four-week, 13-week, and 26-week T-Bills.