Monthly Archives: May 2013

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

Posted on May 23, 2013 by

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?

Posted on May 22, 2013 by

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

Posted on May 16, 2013 by

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 →

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

Posted on May 14, 2013 by

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