Monthly Archives: October 2012

Vanguard’s new short-term TIPS funds: Better than cash?

Read my Nov. 14, 2013, update on this post Vanguard this month launched a family of mutual funds investing in short-term Treasury Inflation-Protected Securities. While investors could duplicate this strategy by simply buying and holding 5-year TIPS to maturity (at … Continue reading

Posted in I Bond, Investing in TIPS | 6 Comments

30-year TIPS reissue auctions at record-low 0.479%

The Treasury just announced that the $7 billion reissue of CUSIP 912810QV3 — creating a 29-year, 4-month TIPS — auctioned with a yield to maturity of 0.479%, a record low for any 30-year issue or reissue. (The principal balance of … Continue reading

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Improving yield on Thursday’s 30-year TIPS auction?

The likely yield on the reissue of a 30-year TIPS has been creeping up this week, making this 29-year 4-month TIPS at least slightly more attractive.  If you have been on the fence about this one, you should at least … Continue reading

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Better long-term investment: 30-year TIPS or … booze?

I was touring in Northern Ireland recently and visited the historic Old Bushmills Distillery plant in County Antrim. It was a so-so tour, but a few days later I toured the impressive Guinness Storehouse in Dublin, a fascinating and high-tech … Continue reading

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Higher gas prices pushed consumer inflation up 0.6% in September

The Labor Department today reported that ‘headline’ inflation – the measure used to adjust the principal on TIPS and the interest rate on I Bonds – rose a strong 0.6% in September, the second strong increase in two months. Read … Continue reading

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Next up: Reopening of a 30-year TIPS on October 18, 2012

The U.S. Treasury on Thursday released its formal announcement of a reissue of CUSIP 912810QV3, which will mature on February 15, 2042, making this a 29-year 4-month TIPS. It has a coupon rate of 0.75%, but will likely auction on … Continue reading

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