Monthly Archives: February 2013

Update on U.S. inflation: Still mild

I was away from my computer last week, and updating a blog with an iPad is pretty much hell on Earth. So, I’m catching up. On Thursday, the same day as the 30-year TIPS auction, the U.S. announced that ‘headline’ … Continue reading

Posted in Investing in TIPS | 2 Comments

30-year TIPS auctions well above record low

The U.S. Treasury announced today that it auctioned a new 30-year Treasury Inflation-Protected Security, with a coupon rate of 0.625%, and a yield to maturity of 0.639%.  This is CUSIP 912810RA8. Buyers are getting a yield well above the record low … Continue reading

Posted in Investing in TIPS | 8 Comments

A quick note about ‘the bond bubble’

Are bonds, especially Treasurys, in a bubble, driven up by by a mob of wild-eyed coupon clippers, fighting to get 0.87% on a five-year traditional Treasury? I ran across these comments from Bill Gross, co-founder of Pacific Investment Management who … Continue reading

Posted in Investing in TIPS | 1 Comment

Next up: New 30-year TIPS will auction Feb. 21, 2013

The Treasury will announce this tomorrow, but as usual it let some details slip out. On Feb. 21, it will auction a new 30-year Treasury Inflation-Protected Security, CUSIP 912810RA8. Update: Here is the announcement. The coupon rate and yield to … Continue reading

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Wall Street Journal: 2 very different views of TIPS

As one of the world’s most boring investments, Treasury Inflation-Protected Securities generally don’t get a lot of press. But lately, TIPS are getting all sorts of play in the Wall Street Journal, both negative (mostly) and positive (somewhat). Article No. … Continue reading

Posted in Investing in TIPS | 11 Comments