Pimco Joins Invesco Finding Value in TIPS Even With Dormant CPI

Pimco Joins Invesco Finding Value in TIPS Even With Dormant CPI

Daniel Acker/Bloomberg

Clerks review buy and sell orders outside the two-year and five-year U.S. Treasury Note options pit at the Chicago Board of Trade in Chicago. Yields on U.S. 10-year notes dropped last week by four basis points to 1.96 percent amid speculation the Fed’s asset purchases may support bond prices.