Plunge in TIPS yields unlikely to be reversed any time soon

The yield of 10-year US Treasury Inflation Protected Securities (TIPS) has now fallen to around the same level that it was in the spring of 2013, shortly before it surged. Nonetheless, we think that the yield is unlikely to rise sharply again any time soon. Indeed, while we forecast that it will remain close to its level now, we would not be surprised if it edged further below zero.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.