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Why Are Tips Down Ytd? [Solved]
The U.S. Treasury adjusts the principal of a TIPS twice a year based on the most recent reading of the Consumer Price Index, a government measure of inflation. When the C.P.I. climbs, the principal ratchets up. And when the index falls — because prices are falling — it ratchets down.
Try this SMART formula to calculate YTD in Excel (works for Financial Years too!)
Easy, quick and smart
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Mantak Chia is the Taoist Master, author, and healer, who teaches people how to empower themselves through the cultivation of …
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