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.

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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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