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: August 2012
5-year TIPS reissue auctions at record-low -1.286%
The U.S. Treasury has announced results of today’s reissue of CUSIP 912828SQ4, resulting in a yield to maturity of -1.286%, meaning that today’s buyers are accepting 1.286% less than the rate of inflation over the next four years, 8 months. … Continue reading
Posted in Investing in TIPS
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An update on U.S. inflation: Nowhere to be found
I was out of town last week and didn’t get a chance to write about the U.S. inflation rate in July, which was unchanged from June, in other words … zero inflation in July. This is the ‘headline’ inflation rate … Continue reading
Posted in I Bond, Inflation, Investing in TIPS
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Next up: Reissue of a 5-year TIPS on Aug. 23, 2012
The announcement will come next Thursday (Aug. 16), but we know the Treasury will be auctioning a reissue of a 5-year TIPS on Aug. 23. I am guessing that this will be a reissue of CUSIP 912828SQ4, which was first … Continue reading
Posted in Investing in TIPS
4 Comments
U.S. Treasury will offer floating-rate notes
It’s big news when the U.S. Treasury rolls out a new product, since the last new one was Treasury Inflation-Protected Securities in 1997. That one worked out well, for both the Treasury and investors. These floating rate notes will be … 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…