Apply inflation factor to value of inflation protected securities

LarryNolan

My financial manager provided this information about why Quicken Mac was reporting incorrect Market Value for my shares of US Treasury TIP 0.125% 01/15/2031 .

They wrote to me:

"  it appears Quicken is not adjusting for the inflation factor. TIPS have an inflation-adjusted price that sets their market value based on the inflation change. The price that Quicken is reflecting seems to be consistent with the price if inflation were not taken into consideration. Schwab's market value reflects the inflation adjusted price."

I found that other Quicken users have encountered this problem also. Please implement correct reporting of market value of inflation protected securities.