在2025年问题3中,主要投资者在受国库通货膨胀保护的外汇信托基金VTIP的持有量急剧增加,反映出对抗通货膨胀债券的需求日益增加。 In Q3 2025, major investors sharply increased holdings in VTIP, a Treasury inflation-protected ETF, reflecting growing demand for inflation-resistant bonds.

2025年第三季度,多个机构投资者在 " 先期短期通货膨胀保护证券交易信托基金 " (VTIP)中的股权大幅增加,该基金追踪美国财政部通货膨胀保护证券,期限在5年以下。 In the third quarter of 2025, multiple institutional investors significantly increased their stakes in the Vanguard Short-Term Inflation-Protected Securities ETF (VTIP), a fund tracking U.S. Treasury Inflation-Protected Securities with less than five years to maturity. N.A.Webster Bank N.A.提高了49.8%的地位,Wingate财富顾问公司增加了34%,Nova R财富公司增加了80.2%,Silver Oak财富顾问服务有限公司增加了其股份,使VTIP成为最大的投资,占其投资组合的20%。 Webster Bank N. A. raised its position by 49.8%, Wingate Wealth Advisors Inc. increased by 334%, Nova R Wealth Inc. by 80.2%, and Silver Oak Wealth Advisors Services LLC boosted its holdings to make VTIP its largest investment, representing 20% of its portfolio. 该ETF由Vanguard管理,于2012年推出,在2026年1月初的每股价格约为49.51美元,52周的价格范围为48.43美元至50.81美元. The ETF, managed by Vanguard and launched in 2012, was valued at approximately $49.51 per share in early January 2026, with a 52-week range of $48.43 to $50.81. 这些移动反映了一种更广泛的体制趋势,即在目前经济不稳定的情况下,向受通货膨胀保护的固定收入证券发展。 These moves reflect a broader institutional trend toward inflation-protected fixed-income securities amid ongoing economic uncertainty.