There is a practical floor to HYSA rates which are going to be higher than short term T bill rates,…
That was my first thought. Longterm, of course I-Bonds would be much better than a high-yield savings account, especially with…
This was my query to Claude: "How do returns of Series I savings bonds compare with HYSAs over the last…
The unique thing (and the great contradiction logically) about I Bonds is that they are most appropriate as an investment…
Monthly Archives: May 2012
10-year TIPS reissue auctions at record low -0.391%
The Treasury just announced that Thursday’s reissue of a 10-year TIPS, CUSIP 912828SA9, auctioned with a yield to maturity of -0.391%, meaning that buyers were accepting a return that will lag inflation by 0.391% over 10 years. This TIPS will … Continue reading
Posted in Investing in TIPS
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Inflation in April 2012: Unchanged
U.S. consumer prices were flat last month as cheaper gas offset modest increases for food, clothing and housing. This continues the recent trend of mild ‘official’ inflation – running at just 2.3% over the last year – despite volatile gasoline … Continue reading
Posted in Investing in TIPS
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Next TIPS auction: 10-year reissue on May 17, 2012
The Treasury announced this week that it will reissue CUSIP 912828SA9, a Treasury Inflation-Protected Security that matures Jan. 15, 2022. That makes this a 9-year, eight-month offering. This TIPS comes with a lowest-possible coupon rate of 0.125%, and it initially … Continue reading
Posted in I Bond, Investing in TIPS
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New 6-month rate for Savings I Bonds: 2.20%
TreasuryDirect.gov just posted the new I Bond rate – 2.20% – that will hold for purchases through Oct. 31, 2012. That is down from the rate of 3.06% that held from November 2011 through April 2012. I Bonds pay an … Continue reading
Posted in Investing in TIPS
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Treasury Inflation-Protected Securities 
I use credit unions for checking and savings due to lower fees and keep very little in those accounts. Liquid…