TIPS in Longest Selloff Since 2008 as U.S. Bancorp Unwinds Bets

TIPS in Longest Selloff Since 2008 as U.S. Bancorp Unwinds Bets

Victor J. Blue/Bloomberg

A woman carrying a shopping bag enters a store in New York. “We’ve been told to expect inflation every year for the last four years and it hasn’t happened,” said James Kochan, chief fixed-income strategist at Wells Fargo Funds Management LLC in Menomonee Falls, Wisconsin.