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From this week's episode of "The Bottom Line".The yield curve has been flattening steadily over the past six months. The yield on the ten-year bond is only about 80 bps more than the two-year. This is expected as the Fed has been raising the short end of the curve and the market doesn't seem to be worried about inflation. However, if you are worried about inflation now might be a good time to consider TIPS...According to bond portfolio manager Bill Irving of Fidelity Investments, TIPS look somewhat cheap relative to treasuries after underperforming for the past few months. Irving also points out that spreads on corporate and high-yield bonds are tight and implied volatility on bonds is very low. Which means it may make sense to consider reducing risk there. --------------------------------------------------Follow BI Video on Twitter: http://bit.ly/1oS68Zs Follow BI on Facebook: http://bit.ly/1W9Lk0n Read more: http://www.businessinsider.com/ --------------------------------------------------Business Insider is the fastest growing business news site in the US. Our mission: to tell you all you need to know about the big world around you. The BI Video team focuses on technology, strategy and science with an emphasis on unique storytelling and data that appeals to the next generation of leaders – the digital generation.

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Business Insider The Bottom Line Yield Curve The Fed Bill Irving Sara Silverstein Show More charm adulate blandish bootlick cajole con court fawn glorify grovel humor inveigle jolly oil overpraise praise salve sell snow soft-soap soften stroke sweet-talk toady wheedle brown-nose build up butter up cater to get next to lay it on thick play up to rub the right way spread it on suck up to sweeten up work on work over condemn ignore belittle castigate criticize denounce insult offend adorn beautify become decorate embellish enrich finish grace ornament perfect suit do something for go with put in best light set off show to advantage disfigure mar spoil mismatch apple-polish curry favor flatter kiss someone's feet kowtow lick someone's boots truckle became altered to assumed form of be converted to be reduced to be reformed be remodeled be transformed into came came to was changed into converted developed into emerged as eventually was grew into inclined matured metamorphosed passed into ripened into shifted turned into turned out waxed stagnated remained accord agree augment be appropriate belong to display fit garnish go together harmonize heighten make handsome match decrease disagree hurt oppose refuse withhold becomes alters to assumes form of be converts to be reduces to be reforms be remodels be transforms into changes into comes comes to is converts develops into emerges as eventually is grows into inclines matures metamorphoses passes into ripens into shifts turns into turns out waxes stagnates remains back-scratch fawn on get on the right side of kiss ass scratch one's back brownnose crop earnings harvest income output profit return revenue turnout outturn produce takings bills debt payment allow bring in earn generate give offer pay provide supply accrue admit afford beam bear blossom discharge furnish net proffer tender bring forth give off hold out sell for turn out deny hold keep lose refuse take withhold withstand counter disallow disapprove oppose prevent reject veto bow buy capitulate give up give way leave succumb abandon abdicate bend break cede collapse crumple defer fold knuckle relax relent relinquish resign sag submit admit defeat back down call it quits cave in come to terms fold up give oneself over hand over knuckle under lay down arms let go part with suffer defeat throw in the towel defend fight agree assert build hide increase retain rise stay straighten accept concede fail surrender accede acknowledge acquiesce assent comply concur consent permit waive fit in go along with go with the flow play the game toe the line toe the mark contradict decline disagree dispute dissent repudiate win differ object protest back out bail out bow out chicken out cop out cut loose desert discard discontinue ditch drop drop out duck dump dust flake out fly the coop give up the ship kiss goodbye leg it opt out pull out quit run out on screw ship out stop storm out take a powder take a walk throw over vacate walk out on wash hands of withdraw yield advance begin come continue maintain persevere remain start adopt cherish favor pursue support uphold abjure abnegate bag it demit forgo leave high and dry leave holding the bag leave in the lurch quitclaim renounce retire sell out step down assume challenge claim defy treasure usurp be game for cooperate cry uncle endorse enter into give the go-ahead give the green light grant let okay play ball roll over and play dead subscribe forbid hinder impede obstruct repel resist condemn demur denounce accommodate aid arrange assist avail benefit comfort convenience gratify help humor indulge oblige pamper please serve settle suit sustain annoy conceal confuse disappoint displease distress disturb hurt injure mix up neglect thwart trouble upset worry bar block disarrange frustrate limit turn away accommodates accords accustoms adapts adjusts agrees attunes bends over backwards complies composes conforms coordinates corresponds don't makes waves don't rocks the boat fits goes by the book goes with the flow harmonizes integrates makes consistent modifies plays the game proportions reconciles settles shapes up suits tailor-makes tailors tunes unsuits stops bars turns out turns away declines upsets disagrees opposes mismatches fights differs unfits prevents obstructs limits impedes hinders frustrates blocks rejects denies refuses disorders disarranges avow come clean come out of closet confess cop a plea crack declare fess up get off chest let on open up own profess recognize disavow disregard forswear ignore arc arch contour loop trajectory ambit bend bight bow camber catenary chord circle circuit circumference compass concavity crook curlicue curvature ellipse festoon flexure hairpin half-moon helix horseshoe hyperbola incurvation incurvature meniscus ogee parabola quirk round sinuosity sweep swerve turn vault whorl curvation rondure line buckle bulge coil crumple curl skew spiral twist veer deviate divert gyrate hook inflect snake stoop wind wreathe concave convex incurve straighten stay angle bending bob curtsy curve flection genuflection inclination kowtow nod obeisance salaam turning cower debase dip do obeisance droop duck genuflect hunch incline defend fight overpower begird belt cincture circulate circumduct circumscribe embrace encircle enclose encompass ensphere envelop gird girdle gyre hem in mill around pivot revolve ring roll rotate surround tour wheel whirl wind about circled begirded belted cinctured circuited circulated circumducted circumscribed coiled compassed curved embraced encircled enclosed encompassed ensphered enveloped girded girdled gyrated gyred looped pivoted rang revolved rolled rotated rounded spiraled surrounded toured wheeled whirled opened freed let went excluded released contort convolute deform gnarl knot misshape torture warp wrench writhe beautify smooth delineation figuration figure form lineament lines relief shape silhouette add announce answer assert claim convey declare deliver disclose estimate express maintain mention read repeat reply report respond reveal speak state suggest tell voice affirm allege communicate conjecture divulge flap gab guess imagine imply jaw judge lip opine orate perform pronounce rap recite rehearse relate remark render rumor spiel utter verbalize yak break silence come out with give voice make known put forth put into words ask be quiet conceal deny disclaim hide hold keep keep secret listen neglect question refrain request retain suppress withhold fail praise every the advertise display retail barter exchange merchandise vend wholesale offer for sale hide buy audience admirers assemblage assembly congregation crowd devotees fans following gallery gathering hearers house listeners market moviegoers onlookers patrons playgoers public showgoers spectators theatergoers turnout viewers witnesses audiences auditions conferences considerations consultations conversations discussions interviews meetings receptions silences quiet bazaar exposition fete marketplace mart business affairs bargaining buying and selling capital and labor commercialism contracts deal dealings game industrialism industry manufacturing merchandising racket sales selling trading traffic transaction undertaking businesses Mom and pops cartels concerns corporations establishments factories firms fly-by-night operations houses institutions markets megacorps mills monopolies organizations outfits partnerships setups shoestring operations shops stores syndicates trusts ventures unemployment recreations avocations acquire bargain for barter for contract for get get in exchange go shopping invest in obtain pay for procure purchase redeem score secure shop for sign for take forfeit lose surrender sell bothered clutched concerned distracted distressed disturbed frightened perturbed tense tormented upset afraid apprehensive beside oneself distraught fearful fretful hung up ill at ease nervous on edge on pins and needles overwrought solicitous uneasy uptight worried stiff calm comforted happy relaxed uncaring undisturbed untroubled unworried abashed aghast alarmed anxious aroused blanched cowardly cowed daunted discouraged disheartened dismayed faint-hearted frozen have cold feet horrified in awe intimidated panic-stricken perplexed petrified rattled run scared scared scared stiff scared to death shocked spooked startled stunned suspicious terrified terror-stricken timid timorous trembling worried brave unafraid bold composed cool courageous eager fearless heroic intrepid undaunted undismayed valiant venturesome biting nails butterflies disquieted doubtful feel in bones foreboding get vibes have a hunch have funny feeling have stage fright in a cold sweat in a dither in a sweat jittery jumpy lily-livered mistrustful running scared shaky stiff troubled uncertain weak worried sick certain clear collected confident definite easygoing laid-back sure unquestionable at ease quiet undoubting unfearful unsuspicious addled agitated confused crazed crazy discomposed distrait flustered frantic harassed hysterical in a panic mad muddled nonplussed nuts out of one's mind raving shook-up thrown unglued unscrewed unzipped wild balanced peaceful reasonable sane sound unconcerned gladdened pleased afflicted all torn up antsy basket case bugged bummed out bundle of nerves cut up discombobulated disconsolate dragged exercised fidgety hyper in a stew in a tizzy inconsolable miffed peeved ripped saddened shook shot down strung-out unconsolable up the wall wired wrecked wretched glad joyful aflutter chicken chickenhearted diffident fainthearted goose-bumpy hesitant mousy nerveless nervy panicky phobic pusillanimous quivery rabbity sheepish shrinking shy skittish spineless tremulous unmanly weak-kneed yellow extroverted good nice pleasant fearsome panicked around back backward in reverse round anyhow any which way here and there almost nearly roughly approximately in general in the ball park in the neighborhood practically pretty nearly afar away distant far remote apropos as concerns as respects dealing with in connection with in relation to in respect to referring to regarding relative to touching touching on nearby adjacent beside through encircling surrounding throughout about about to all but as good as bordering on close to close upon essentially for the greatest part in effect in the neighborhood of in the vicinity of just about most much near to nigh not far from not quite on the brink of on the edge of on the point of on the verge of pretty near relatively substantially virtually well-nigh within sight of anyway at any rate at random haphazard haphazardly helter-skelter however in any case in any respect in any way in either way in one way or another in whatever way nevertheless random randomly regardless under any circumstances whatever happens willy-nilly ballpark figure circa closely comparatively generally in the ballpark in the region of loosely more or less proximately upwards of very close accurately clearly definitely exactly precisely against as for as regards as to concerning on the subject of respecting toward with reference to with respect to close at hand near astir active afoot alert awake roused boom expansion hike rise aggrandizement boost buildup distension enhancement enlargement escalation extension intensification prosperity puffiness spread tumefaction blowing up abridgment compression decrease reduction deflation shrinkage accumulation accession accretion addition agglomeration aggregation amassment augmentation chunk collecting collection conglomeration gob growth heap hoarding hunk increase inflation mass multiplication pile quantity stack stock store trove upping lessening loss subtraction dispersal dispersion dissipation scattering appreciation gain improvement criticism depreciation disparagement disregard neglect amplification beefing up development enrichment fleshing out heightening increment magnification raise reinforcement strengthening swelling contraction decline deduction diminishment drop fall shortening stagnation degradation advance jump prosperousness push rush spurt upsurge upswing upturn failure collapse depression bad times bankruptcy bear market big trouble bust crash crisis dislocation downturn hard times inactivity overproduction panic paralysis rainy days recession retrenchment sag slide slowness slump stagflation unemployment calm success bulge cheerfulness convexity encouragement happiness hope hopefulness protuberance recovery surge euphemism circumlocution delicacy floridness grandiloquence pomposity pretense purism employment field trade work biz calling career craft dodge function game line livelihood occupation pursuit specialty vocation bag métier racket what one is into entertainment fun pastime amusement avocation hobby recreation corporation factory firm house institution market organization partnership shop store venture cartel concern establishment mill monopoly outfit setup syndicate trust fly-by-night operation megacorp Mom and Pop shoestring operation deal industry manufacturing trading transaction affairs bargaining barter commercialism contracts dealings exchange industrialism merchandising sales selling traffic undertaking buying and selling capital and labor interest issue problem affair assignment beeswax duty happening lookout matter palaver point question responsibility subject task topic carrying-on goings-on hanky-panky action activity agility alacrity alertness animation ballgame big idea bit business bustle commotion dash energy enterprise flurry force functioning hoopla hopper in the works life liveliness motion movement operation plan power process proposition reaction response rush scene spirit stir stunt turmoil vigor vim vitality vivacity idleness inaction inactivity calm calmness dullness harmony indolence laziness lethargy peace quiet repose rest slowness stillness apathy inertia stoppage bargain arrangement bond compact contract convention covenant engagement negotiation pact pledge promise stipulation treaty understanding disagreement misunderstanding break ripoff art day gig gig handicraft hang life's work lifework metier mission nine-to-five play province rat race slot swindle walk of life surrender unemployment capital IRA cash estate finances financing fortune funds gold interests investment kitty means money nest egg principal property resources savings stake stock substance treasure ways and means wealth wherewithal debt clientele audience clientage clientry clients constituency cortege dependents following patronage patrons public regulars management ownership club baton billy blackjack bludgeon conk buster convincer cosh cudgel hammer hickory mace mallet nightstick persuader quarterstaff rosewood sap shill shillelagh staff swatter truncheon works abettor accomplice aid aide assistant associate colleague confederate conspirator helper partner plant ringer shill stall subordinate co-conspirator antagonist boss enemy foe leader opponent superior principal accessory collaborator ally adversary connoisseur critic expert judge specialist ignoramus cognoscente insider accomplices abettors accessories aides aids allies assistants associates co-conspirators collaborators colleagues confederates conspirators insiders partners plants stalls opponents adversaries enemies antagonists every the base basement basic ground last primary radical underlying basal foundational lowermost lowest meat-and-potatoes nethermost rock-bottom undermost secondary highest top bed floor seat underside basis bedrock depths foot footing groundwork nadir pedestal pediment rest substratum substructure support underbelly deepest part lowest part nether portion terra firma underneath ceiling exteriority outside heart cause essence essentiality mainspring marrow origin pith principle quintessence root soul source stuff substance bottom line virtuality consequence effect end outcome outgrowth result rear tail backside behind breech bum butt 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kindred line origin parentage precursor primogenitor progenitor source effect end result antecedent(s) forebears descendant antecedents ancestors ancestries antecessors bloods descents extractions forefather\u002Fmothers genealogies lines primogenitors progenitors stocks descendants arteries avenues boulevards canals conduits corridors courses ducts highways passages pathways roads routes sewers thoroughfares tracks tubes ways artery boulevard canal conduit corridor duct highway passage pathway sewer thoroughfare tube bandage bandeau belt binding bond braid chain circle circuit copula cord fillet harness hoop ligature link manacle ribbon ring rope sash scarf shackle snood stay strap tape tie truss whole crop earnings harvest income output profit return revenue turnout outturn produce takings bills debt payment allow bring in earn generate give offer pay provide supply accrue admit afford beam bear blossom discharge furnish net proffer tender bring forth give off hold out sell for turn out deny hold keep lose refuse take withhold withstand counter disallow disapprove oppose prevent reject veto bow buy capitulate give up give way leave succumb abandon abdicate bend break cede collapse crumple defer fold knuckle relax relent relinquish resign sag submit admit defeat back down call it quits cave in come to terms fold up give oneself over hand over knuckle under lay down arms let go part with suffer defeat throw in the towel defend fight agree assert build hide increase retain rise stay straighten accept concede fail surrender accede acknowledge acquiesce assent comply concur consent permit waive fit in go along with go with the flow play the game toe the line toe the mark contradict decline disagree dispute dissent repudiate win differ object protest back out bail out bow out chicken out cop out cut loose desert discard discontinue ditch drop drop out duck dump dust flake out fly the coop give up the ship kiss goodbye leg it opt out pull out quit run out on screw ship out stop storm out take a powder take a walk throw over vacate walk out on wash hands of withdraw yield advance begin come continue maintain persevere remain start adopt cherish favor pursue support uphold abjure abnegate bag it demit forgo leave high and dry leave holding the bag leave in the lurch quitclaim renounce retire sell out step down assume challenge claim defy treasure usurp be game for cooperate cry uncle endorse enter into give the go-ahead give the green light grant let okay play ball roll over and play dead subscribe forbid hinder impede obstruct repel resist condemn demur denounce accommodate aid arrange assist avail benefit comfort convenience gratify help humor indulge oblige pamper please serve settle suit sustain annoy conceal confuse disappoint displease distress disturb hurt injure mix up neglect thwart trouble upset worry bar block disarrange frustrate limit turn away accommodates accords accustoms adapts adjusts agrees attunes bends over backwards complies composes conforms coordinates corresponds don't makes waves don't rocks the boat fits goes by the book goes with the flow harmonizes integrates makes consistent modifies plays the game proportions reconciles settles shapes up suits tailor-makes tailors tunes unsuits stops bars turns out turns away declines upsets disagrees opposes mismatches fights differs unfits prevents obstructs limits impedes hinders frustrates blocks rejects denies refuses disorders disarranges avow come clean come out of closet confess cop a plea crack declare fess up get off chest let on open up own profess recognize disavow disregard forswear ignore arc arch contour loop trajectory ambit bend bight bow camber catenary chord circle circuit circumference compass concavity crook curlicue curvature ellipse festoon flexure hairpin half-moon helix horseshoe hyperbola incurvation incurvature meniscus ogee parabola quirk round sinuosity sweep swerve turn vault whorl curvation rondure line buckle bulge coil crumple curl skew spiral twist veer deviate divert gyrate hook inflect snake stoop wind wreathe concave convex incurve straighten stay angle bending bob curtsy curve flection genuflection inclination kowtow nod obeisance salaam turning cower debase dip do obeisance droop duck genuflect hunch incline defend fight overpower begird belt cincture circulate circumduct circumscribe embrace encircle enclose encompass ensphere envelop gird girdle gyre hem in mill around pivot revolve ring roll rotate surround tour wheel whirl wind about circled begirded belted cinctured circuited circulated circumducted circumscribed coiled compassed curved embraced encircled enclosed encompassed ensphered enveloped girded girdled gyrated gyred looped pivoted rang revolved rolled rotated rounded spiraled surrounded toured wheeled whirled opened freed let went excluded released contort convolute deform gnarl knot misshape torture warp wrench writhe beautify smooth delineation figuration figure form lineament lines relief shape silhouette authority law ministry politics power regime rule state union Washington bureaucracy command control direction domination dominion empire execution executive governance guidance influence jurisdiction patronage polity predominance presidency regency regimentation regulation restraint sovereignty statecraft superintendence superiority supervision supremacy sway Uncle Sam political practice powers that be inferiority opposition powerlessness submission subservience weakness anarchy chaos coup insurrection lawlessness mutiny revolt revolution government the feds glutted gorged jaded sated satiate stuffed surfeited lousy with up to here empty hungry incomplete needy starved unsatisfied void full agent informer police officer private eye private investigator prosecutor reporter sleuth spy analyst bloodhound bull constable cop dick eavesdropper eye fink flatfoot gumshoe nark peeper roper scout sergeant shadow shamus shoofly snoop tail bird dog P.I. plainclothes officer 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I.S Sherlock holmes agents analysts bird dogs bloodhounds bulls constables cops dicks eavesdroppers eyes feds finks flat feet gumshoes informers narks peepers plainclothes officers police officers private eyes private investigators prosecutors reporters ropers scouts sergeants shadows shamuses shooflies sleuths slewfoots snoops spies tails arm of the laws badges bears beat cops black and whites bluecoats blues bobbies constabularies coppers forces gendarmes law enforcements laws narcs patrols criminals check debt note statement IOU chit damage invoice knock reckoning score tab bad news itemized account request for payment statement of indebtedness coin agenda card program advertisement bulletin catalogue flyer handbill handout inventory leaflet listing notice placard playbill poster roster schedule syllabus affiche act draft measure proposal projected law proposed act buck certificate currency dollar greenback skin bank note long green mandible neb nib pecker projection bone chase debit dun figure reckon record render solicit draw upon put the arm on put the bite on put the squeeze on announce book post give advance notice bill debenture account balance books charge computation cuff grunt ledger register report tally account payable balance due liability unpaid bill account receivable arrears receivable amendment announcement clause code commitment decree edict enactment judgment law order ordinance resolution statute subpoena summons verdict warrant writ cessation idleness inactivity inertia quiet repose rest stoppage suspension advertise acquaint advance advise apprise ballyhoo beat the drum for blazon boost build up circularize communicate declare disclose display divulge drum endorse exhibit expose flaunt get on soapbox for hard sell herald hype inform make a pitch make known notify pitch plug press agent proclaim promote promulgate puff push put on the map reveal show soft sell splash sponsor spot tout uncover unmask bottle up conceal cover disapprove hide hurt secrete suppress withhold deceive decrease deny discourage halt secret keep secret