Category Archives: Investing in TIPS

Is this what deflation looks like? At least for spring 2013, yes. The Bureau of Labor Statistics announced today that ‘headline’ inflation – known technically as the Consumer Price Index for All Urban Consumers (CPI-U) – decreased 0.4% in April … Continue reading →

The Treasury will issue its formal announcement Thursday, but it’s clear the May 23 auction will be a reissue of CUSIP 912828UH1, which first auctioned in January with a coupon rate of 0.125% and a yield to maturity of -0.630%. … Continue reading →

When I started writing this TIPSwatch blog two years ago, I figured I was carving out a boring, staid corner of the investment world, a place where I could share ideas and learn from others. But excitement? Never. Not with … Continue reading →

Yesterday’s weak auction of a 5-year Treasury Inflation Protected Security, along with last week’s deflationary inflation report, is putting TIPS into the news this week, sometimes in a very negative light. Well, at least it’s nice to see TIPS getting … Continue reading →

A new 5-year Treasury Inflation Protected Security auctioned today with a coupon rate of 0.125% and a yield to maturity of -1.311%, plus inflation. The resulting yield for CUSIP 912828UX6 was  higher than expected, indicating weak demand. Experts had been … Continue reading →

The U.S. Treasury on Thursday issued its formal announcement for the April 18, 2013, auction of a new 5-year Treasury Inflation-Protected Security. This will be CUSIP 912828UX6, and although the coupon rate will be set at auction, we can say … Continue reading →

The TIP ETF was down about a half percentage-point today, closing at $121.24 but still not far off  the all-time high of $123.44. The chart for the last five days is looking a bit sickly: Today the Federal Reserve pulled … Continue reading →

Investors get another chance to demonstrate insanity on Thursday, April 18, 2013, when the U.S. Treasury will auction a new 5-year Treasury Inflation-Protected Security. This thing will be expensive. CUSIP 912828UX6 will have a coupon rate of 0.125% and will … Continue reading →

If you buy and hold Treasury Inflation-Protected Securities at TreasuryDirect, as I do, you’re violating a conventional wisdom rule of investing: Don’t hold TIPS in a taxable account. I disagree with that conventional wisdom, more or less, but mainly because … Continue reading →