Monthly Archives: August 2012

5-year TIPS reissue auctions at record-low -1.286%

The U.S. Treasury has announced results of today’s reissue of CUSIP 912828SQ4, resulting in a yield to maturity of -1.286%, meaning that today’s buyers are accepting 1.286% less than the rate of inflation over the next four years, 8 months. … Continue reading

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An update on U.S. inflation: Nowhere to be found

I was out of town last week and didn’t get a chance to write about the U.S. inflation rate in July, which was unchanged from June, in other words … zero inflation in July. This is the ‘headline’ inflation rate … Continue reading

Posted in I Bond, Inflation, Investing in TIPS | 5 Comments

Next up: Reissue of a 5-year TIPS on Aug. 23, 2012

The announcement will come next Thursday  (Aug. 16), but we know the Treasury will be auctioning a reissue of a 5-year TIPS on Aug. 23. I am guessing that this will be a reissue of CUSIP 912828SQ4, which was first … Continue reading

Posted in Investing in TIPS | 4 Comments

U.S. Treasury will offer floating-rate notes

It’s big news when the U.S. Treasury rolls out a new product, since the last new one was Treasury Inflation-Protected Securities in 1997. That one worked out well, for both the Treasury and investors. These floating rate notes will be … Continue reading

Posted in Investing in TIPS | 2 Comments