On top of their yield, these Treasuries offset inflation's bite. When a bright guy who is renowned as a longtime bull on stocks recommends a bond, I listen. That happened recently when Jeremy Siegel told business week that he finds a particular sort of oddball bond to be an attractive hedge against stocks. Siegel, the Wharton School economist whose book, Stocks for the Long Run, underpins today's buy-and-hold-equities creed, turns out to love a crazy little thing called tips.
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