It's the tail end of 2016, but one of Wall Street's favorite trades—inflation-protected Treasuries—heading into this year is finally back in vogue.
Investors' appetites for an exchange-traded fund that provides exposure to bonds whose principal and coupon payments are adjusted for inflation have soared in recent sessions. Weekly inflows into the iShares Treasury Inflation Protected Securities Bond ETF (TIP) reached their highest level on record as investors brace for the possibility of a sustained upturn in price pressures.
