10-year TIPS auctions at 0.887%

Thursday’s auction of 10-year Treasury Inflation Protected Securites was greeted with tepid demand — the resulting yield was 0.887 percent, higher than the rate that looked likely a week ago.

Inflation fears have diminished in the last few days, because the economy isn’t showing any signs of heating up.

The dated date of the 10-year TIPS is Jan. 15, 2011. The issue date is May 31, 2011. The TIPS mature Jan. 15, 2021.

The CUSIP number is 912828PP9.


About Tipswatch

Author of Tipswatch.com blog, David Enna is a long-time journalist based in Charlotte, N.C. A past winner of two Society of American Business Editors and Writers awards, he has written on real estate and home finance, and was a founding editor of The Charlotte Observer's website.
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2 Responses to 10-year TIPS auctions at 0.887%

  1. Pingback: Next TIPS auction: 10-year Treasury Inflation-Protected Security, July 21, 2011 | Treasury Inflation-Protected Securities

  2. Pingback: 30-year Treasury Inflation-Protected Security of June 23 … the base yield will be? | Treasury Inflation-Protected Securities

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