This notice appeared on Fidelity's Fixed Income page today:
"Due to the recent drop in interest rates, some Treasury Inflation-Protected Securities (TIPS) now have negative market yields. While active markets do exist for TIPS, pricing for these securities is not currently available on Fidelity.com. If you are interested in buying or selling TIPS and cannot locate an active market on Fidelity.com, please contact a Fixed Income Specialist at 800-544-5372."
Don't Buy TIPS!
Moderator: Global Moderator
Don't Buy TIPS!
“Groucho Marx wrote:
A stock trader asked him, "Groucho, where do you put all your money?" Groucho was said to have replied, "In Treasury bonds", and the trader said, "You can't make much money on those." Groucho said, "You can if you have enough of them!"
A stock trader asked him, "Groucho, where do you put all your money?" Groucho was said to have replied, "In Treasury bonds", and the trader said, "You can't make much money on those." Groucho said, "You can if you have enough of them!"