TAG Could Be Tagged in Fiscal-Cliff Negotiations

Doug Peebles, Jon Denfeld and Ed Dombrowski

Caught up in the wrangling over the US fiscal cliff is a little-publicized program that could have big implications for short-term investors and bond yields if the program expires on December 31. If the Transaction Account Guarantee (TAG) program ends, huge sums of money may start looking for a new home. (more…)

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Do TIPS Pose a Hidden Risk to Seekers of Inflation Protection?

Treasury-inflation protected securities, or TIPS, have been a popular choice for investors concerned about future inflation. And TIPS’ returns have been impressive in recent years. But the main contributor to TIPS’ performance isn’t inflation. It’s an ingredient that could become as hurtful down the road as it’s been helpful in the past. (more…)

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