Monthly Archives: April 2013

U.S. inflation fell 0.2% in March

The Bureau of Labor Statistics reported this morning that ‘headline’ inflation – the Consumer Price Index for All Urban Consumers (CPI-U) – fell 0.2% in March on a seasonally-adjusted basis, partly reversing the sharp 0.7% increase in February. That means … Continue reading

Posted in Inflation | 1 Comment

Buying a 5-year TIPS? The trend is working against you

The U.S. Treasury on Thursday issued its formal announcement for the April 18, 2013, auction of a new 5-year Treasury Inflation-Protected Security. This will be CUSIP 912828UX6, and although the coupon rate will be set at auction, we can say … Continue reading

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Bad day for TIPS, worse day for the Federal Reserve

The TIP ETF was down about a half percentage-point today, closing at $121.24 but still not far off  the all-time high of $123.44. The chart for the last five days is looking a bit sickly: Today the Federal Reserve pulled … Continue reading

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Is buying a 5-year TIPS the most insane move ever?

Investors get another chance to demonstrate insanity on Thursday, April 18, 2013, when the U.S. Treasury will auction a new 5-year Treasury Inflation-Protected Security. This thing will be expensive. CUSIP 912828UX6 will have a coupon rate of 0.125% and will … Continue reading

Posted in Investing in TIPS | 4 Comments