David Rogal and Bob Miller contend that the TIPS market dislocations witnessed in recent months have resulted in opportunities that investors would be remiss to ignore.
Sparked by a global collapse in activity in response to the Coronavirus pandemic, the increase in volatility and resulting market dislocations have created investment opportunities (and risks) that bond markets haven't seen in more than a decade. Treasury Inflation Protected Securities ((TIPS)), alongside many other fixed-income sectors, were hit hard by a series of negative fundamental and technical catalysts.
Treasury market dislocations
The world's "risk-free" asset, U.S. Treasuries, experienced