If you want to invest in a long-term Treasury security and you think inflation won't ever dip below 2 percent, this makes more sense than a nominal Treasury bond. |
It isn't a market that has matured, but there is more interest. Given where inflation has been - I've seen it up 10 to 12 percent - this is a market that should do much better. |
It would do very well in a tax-deferred account because you would avoid final reckoning until you cash out the tax-deferred account. |