That kind of asset is inflation protected.

这种资产是被通胀保护的。

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The Treasury Department said that next week it will sell $78 billion in two- and five-year notes and 20-year Treasury Inflation Protected Securities, or TIPS.

美国财政部宣布，下周将出售总额780亿美元的在2年期和5年期国债以及20年期通胀保值国债（TIPS）。

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This portends higher interest rates for the Treasury, and it may need to find alternative sources of cash like issuing more inflation protected Treasury bonds.

这预示着美国国债的利率将会上升，可能也需要寻找其它的现金来源，如发行更多的通货膨胀保值国债。

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Treasury Inflation Protected Securities, TIPS, are another top choice, but are also well known.

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So some portion of them invest in inflation protected gilts rather than non-inflation protected ones.

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Inflation protected securities are more, or less, valuable to the degree that inflation is, or is not, a risk.

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