May 22 (Bloomberg) — U.S. inflation-indexed bonds are outperforming Treasuries this year, recovering from unprecedented losses in 2013, even as consumer prices have stayed in check through the sluggish U.S. economic recovery of the past five years.

Fixed-rate securities fell after a report showed existing- home sales in the U.S. increased in April for the first time this year. The U.S. will sell $13 billion of Treasury Inflation Protected Securities at 1 p.m. The debt has returned 5 percent in 2014, versus 3 percent for conventional securities, according to Bank of America Merrill Lynch indexes.

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