Subject: Re: is there a lot of risk in Treasury bills now?
There is another (slight?) risk with TIPs. They depend on the government's definition of what the CPI is. The current administration has demonstrated a willingness to create their own reality and might choose a CPI that is less than actual inflation. That would be another reason to stick with 1-3 month Tbills where the price (and thus inflation) is crowd-sourced, as it were.

Rgds,
HH/Sean