30-Year Inflation-Protected Bonds Now Pay Nearly 3% Above Inflation

A bond selloff has pushed 30-year TIPS yields near 3% — meaning investors earn roughly that much annually above inflation, a level rarely seen since 2008. Those same yields were negative for much of 2021–22. Bob Elliott called it a "generational buying opportunity" on X July 22, 2026. Whether he's right depends on where inflation and bond prices go next.