
The iShares TIPS Bond ETF has been downgraded from Strong Buy to Buy following its strong performance since April 2025, outperforming cash and similar Treasury ETFs with a 6.6% total return. TIPS ETFs remain attractive due to favorable breakeven yields, especially if inflation stays near 3%. Longer-dated TIPS offer greater return potential but carry risks from rising Treasury yields and federal debt concerns. The downgrade reflects tempered optimism amid these risks despite solid returns so far.