Inflation is rising as grocery, gas, and housing prices soar. That’s okay, as long as your salary matches the increase, which is unlikely. Compound rising inflation with volatile stock and bond prices, and inflation indexed bonds are gaining popularity.
Treasury Securities, issued by the U.S. government, include I Bonds and TIPs or Treasury Inflation Protected Securities. These investments were created to provide inflation protection and preserve the purchasing power of your money, when inflation increases.
The post What Are TIPs Bonds? Pros, Cons And Features originally appeared at Barbara Friedberg Personal Finance.