InvestorPlace - Stock Market News, Stock Advice & Trading Tips Personally, I’m tired of the focus on Jerome Powell and the Federal Reserve. If we look at the iShares TIPS Bond ETF (NYSEARCA:TIP) relative to the iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI), we can see the relationship is falling. Source: Charts by TradingView Investors’ expectations have a significant impact on bond prices, where yield is a function on the Treasury side of growth and inflation relative to duration.