LTPZ

Has An Age-Old Relationship Changed?

Weekly Report: what happened at LTPZ last week (0715-0719)?

LTPZ: The Time Is Now (Maybe)

Treasury Inflation-Protected Securities have had mixed results due to duration weakness during a rate hike cycle. Long-duration TIPS may make sense now. PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund ETF targets long-maturity TIPS exposure. The LTPZ ETF offers a valuable hedge against inflation, but may be more volatile.

Yield Advantage: Key Takeaways From PIMCO's Secular Outlook

Central banks have achieved disinflation. Real yields are at levels not seen in 15 years. Fiscal policy in the US and abroad is on an unsustainable path. We're in a world of elevated macro and geopolitical risk. PIMCO: There's a yield to be seized and a yield advantage.

Weekly Report: what happened at LTPZ last week (0708-0712)?

CPI June 2024:  Another Very Disinflationary Month Opens The Door To Multiple Fed Rate Cuts

June CPI data showed a surprise decrease in both All Items and Core CPI. The disinflation in the "super-core" category is particularly notable. Inflation appears to be headed towards the Fed's 2% target. James Kostohryz: Disinflation opens the door to multiple Fed rate cuts later this year.

Weekly Report: what happened at LTPZ last week (0701-0705)?

June 2024 Employment: Worrisome Weakness Opens Door To Rate Cuts

June 2024 Employment: Worrisome Weakness Opens Door to Rate Cuts. There was Nonfarm Payroll growth of 206K jobs, surpassing forecasts. Establishment Survey data reveals a major deceleration in job growth in the past three months. Weak job numbers increase the likelihood of rate cuts.