I do not like TIPS because they are indexed to the CPI. The CPI was negative, -0.5%, in the latest reporting. The CPE, which the Federal Reserve uses in it's calculations was higher than the anticipated 1.8% and was actually 2.9%, as reported today along with a negative GDP of 6.1%.
The government's calculation of CPI is absolute b------t. The government calculates it's entitlement increases based on the CPI.
A large Dr. Pepper at Jack in the Box including tax is $2.47!
A double scoop cone at Baskin Robbins including tax is $5.39!
Yield on the 10 year is 3.11%.
Geithner and Bernanke must be having a cow right about now.