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: December 2012
Recapping 2012: The year in TIPS
It’s been a sorry year for buy-and-hold investors in Treasury Inflation-Protected Securities, with yields plummeting to ever-lower all-time records. That means TIPS – like all Treasuries – are very expensive and produce little income. There are currently 35 TIPS issues … Continue reading
Posted in Investing in TIPS
7 Comments
4-year, 4-month TIPS auctions at a record-low -1.496%
Yes, I knew there was a TIPS auction today, and actually thought about it around noon. But then I pretty much erased it from my mind. I mean, who really cares? Who is actually buying this thing? Well, today’s auction … Continue reading
Posted in Investing in TIPS
1 Comment
Inflation turns to deflation in November
The U.S. Labor Department reported today that the ‘headline’ consumer price index fell 0.3% in November, primarily because of a big drop in gasoline prices. In the past year, consumer prices have risen 1.8 percent. You can read the full … Continue reading
Posted in Investing in TIPS
1 Comment
Fidelity’s outlook for TIPS: Clear skies, but threat of fog?
Somehow I own a fractional share of the Fidelity Inflation-Protected Bond Fund (FINPX) and so I get its annual and semi-annual reports. As I’ve noted before, the managers of this fund – William Irving and Franco Castagliuolo – are unusually … Continue reading
Posted in Investing in TIPS
1 Comment
Next up: 5-year TIPS reissue auctioning Dec. 20, 2012
The Treasury on Thursday will announce its last 2012 auction of a Treasury Inflation-Protected Security, mostly likely a reopening of CUSIP 912828SQ4 which matures on April 15, 2017. UPDATE 12/13/12: The Treasury confirmed today that the auction is a reissue … Continue reading
Posted in I Bond, Investing in TIPS, Savings Bond
3 Comments
Treasury Inflation-Protected Securities 
I use credit unions for checking and savings due to lower fees and keep very little in those accounts. Liquid…