Monthly Archives: April 2012

An incredible, contrarian run in 2012 for TIPS

If you read investment commentary (it’s hard to avoid, isn’t it?) you surely have seen the rash of stories in 2012 predicting a long-term bear market for traditional Treasuries and their mutant offshoot, Treasury Inflation-Protected Securities. Examples: April 27, Kiplinger: … Continue reading

Posted in Investing in TIPS | 6 Comments

5-year TIPS auctions at all-time low -1.080%

The Treasury just completed its auction of a new 5-year Treasury Inflation-Protected security, which resulted in a yield to maturity of -1.080%. CUSIP 912828SQ4 has a coupon rate of 0.125%, meaning that today’s buyers had to pay up for this … Continue reading

Posted in Investing in TIPS | 7 Comments