Monthly Archives: March 2013

TreasuryDirect, TIPS and the dreaded 1099-OID

If you buy and hold Treasury Inflation-Protected Securities at TreasuryDirect, as I do, you’re violating a conventional wisdom rule of investing: Don’t hold TIPS in a taxable account. I disagree with that conventional wisdom, more or less, but mainly because … Continue reading

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10-year TIPS reissue auctions at -0.602%

The Treasury just announced that its reissue of CUSIP 912828UH1 – creating a 9-year, 10-month TIPS – auctioned with a yield to maturity of -0.602%. That means buyers of this Treasury Inflation-Protected Security are accepting 0.602% less than the rate … Continue reading

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