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Market Impact: 0.05

Notable Two Hundred Day Moving Average Cross

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SPDR Portfolio TIPS ETF (SPIP) traded below its 200-day moving average of $26.12, hitting a low of $26.09 and was down about 0.1% on the day. The move is a minor technical breach of the long-term average for this TIPS-focused ETF and is unlikely to have broad market implications absent larger rate or inflation developments.

Analysis

SPDR Portfolio TIPS ETF (SPIP) traded below its 200-day moving average of $26.12, hitting a low of $26.09 and was down about 0.1% on the day. The move is a minor technical breach of the long-term average for this TIPS-focused ETF and is unlikely to have broad market implications absent larger rate or inflation developments.

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Market Sentiment

Overall Sentiment

neutral

Sentiment Score

-0.05