By William Baldwin , Senior ContributorT he Federal Reserve will quickly get the inflation rate down to 2%. You’d be happier with Treasury Inflation Protected Securities, a.k.a. They pay 1.7%, more or less, plus whatever the inflation rate turns out to be. The inflation rate may turn out to be, between now and when the bond matures, something a lot worse than 2%. If inflation turns out to be surprisingly low, you’ll wish you had put all your money in nominal bonds.

Source: Forbes July 30, 2023 19:37 UTC