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J.P.Morgan Remain Neutral On TIPS

US TSYS/TIPS

J.P.Morgan note that “though valuations appear somewhat cheap versus broad commodity prices and risk assets, we remain neutral on TIPS for now, as it is difficult to identify a catalyst that could drive TIPS materially wider from here.”

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J.P.Morgan note that “though valuations appear somewhat cheap versus broad commodity prices and risk assets, we remain neutral on TIPS for now, as it is difficult to identify a catalyst that could drive TIPS materially wider from here.”