Monthly Archives: May 2013

10-year TIPS reissue auctions with a yield of -0.225%

The Treasury just announced that today’s auction of a 9-year, 8-month Treasury Inflation-Protected Security resulted in a yield of -0.225%, the highest yield on a 10-year TIPS in more than a year. This was a bit better than the -0.244% … Continue reading

Posted in Investing in TIPS | 8 Comments

Yes or no on the May 23 10-year TIPS reissue?

I am going to say yes on this auction, and that is significant: It will be the first TIPS I will have bought at auction since June 2011, a 30-year TIPS with a yield of 1.774%. I won’t be going … Continue reading

Posted in Investing in TIPS | 3 Comments

U.S. inflation drops a sharp 0.4% in April

Is this what deflation looks like? At least for spring 2013, yes. The Bureau of Labor Statistics announced today that ‘headline’ inflation – known technically as the Consumer Price Index for All Urban Consumers (CPI-U) – decreased 0.4% in April … Continue reading

Posted in Investing in TIPS | Leave a comment

Next up: 10-year TIPS reissue will auction May 23, 2013

The Treasury will issue its formal announcement Thursday, but it’s clear the May 23 auction will be a reissue of CUSIP 912828UH1, which first auctioned in January with a coupon rate of 0.125% and a yield to maturity of -0.630%. … Continue reading

Posted in Investing in TIPS | 3 Comments