Treasury Inflation-Protected Securities

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In economics, Treasury Inflation-Protected Securities (TIPS) "provide protection against inflation. The principal of a TIPS increases with inflation and decreases with deflation, as measured by the Consumer Price Index. When a TIPS matures, you are paid the adjusted principal or original principal, whichever is greater."[1]

References

  1. Anonymous. Treasury Inflation-Protected Securities (TIPS). U.S. Department of the Treasury. Retrieved on 2009-08-02.