NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Why Does the Treasury Issue Tips? The Tips-Treasury Bond Puzzle

Matthias Fleckenstein, Francis A. Longstaff, Hanno Lustig

NBER Working Paper No. 16358
Issued in September 2010

---- Acknowledgements -----

We are grateful for helpful discussions with Jim Lewis, Eric Neis, Peter Meindl, Derek Schaefer, Mike Rierson, and Marcus Tom. All errors are our responsibility. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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