Long Term Tips

Most of your exposed risk exposure here is going to be coming from the nominal, you know, a bond portion. And then it can get even worse if you own, let's say a 30 year tip. It's the expectation of inflation over the next 30 years. Although expectations for inflation went up over the short run, it didn't go up at the long end as much as you might have thought. So that's I think part of a reason why long term tips may not actually help you here if people have run expectations about inflation.