How is STIP doing right now?
In plain terms: STIP is 3% below its highest-ever price. Dipsern checks every past time it was this far down and grades how the next 90 days usually went.
As of the latest market close, iShares 0-5 Year TIPS Bond ETF (STIP) is trading in a shallow pullback, 3.0% below its all-time high at $100.66. A move of this size is statistically unremarkable. It's the kind of pullback that bounces fast or extends into a deeper correction; the next leg is what matters.
