No. of Recommendations: 1
I have stuck with 3-5 year treasuries and higher yield stuff (oops) for simplicity and flexibility. However, in an IRA that 1% current TIPS gap (at 6.3%) over straight Treasuries is attractive.
Not a conspiracy person either, but; a little skeptical at what is going on with the Fed & Bessent right now with what seems to be finding ways to keep CPI / PCE lower than real world inflation.
I have used closed end high yield funds for a significant portion of my fixed income allocation but, those have been taken out and shot with whatever is going on with the 75+ basis point increase in 10 year yields. So, need to keep those contained.