Monthly Archives: April 2011

The results are in for the 5-year Treasury Inflation-Protected Security auctioned April 21, 2011. The CUSIP is 912828QD5. As expected, the 5-year TIPS carries a coupon rate of 0.125%. But because of high demand, bidders are paying $101.75 for $100 … Continue reading →

Glen Bradford is trashing the TIP ETF today on SeekingAlpha.com: Frankly, anyone that thinks buying the iShares Barclays TIPS Bond Fund (AMEX: TIP) is going to protect you from inflation is a joker. If you want to protect yourself from … Continue reading →

Update: This 5-year TIPS was auctioned April 21 with a base yield of -0.18%. ——————————————————— Although the base rate of the 5-year TIPS being auctioned Thursday (April 21) will be ‘positive’, the resulting yield from the auction will be negative. … Continue reading →

On Thursday, April 21, the Treasury plans to sell $14 billion in five-year inflation-protected securities. The issue date is April 29. The TIPS mature April 15, 2016. Cusip number is 912828QD5. Here is a .pdf with full details of the … Continue reading →

So Standard & Poors issues a negative outlook on U.S. Treasuries this morning, and the stock market falls into turmoil. The Dow average ended up rallying to close at -1.14% for the day. (In reality, that is a non-event, isn’t … Continue reading →