Monthly Archives: June 2013

TIPS settle down after days of panic selling

Posted on June 30, 2013 by

The market for Treasury Inflation-Protected Securities rebounded nicely last week after several days of panic selling in the wake of Federal Reserve Chairman’s Ben Bernanke’s comments on ‘tapering’ of the Fed’s bond-buying stimulus program. The TIP ETF rose 2.8% on … Continue reading →

Posted in Investing in TIPS | 2 Comments

Recapping where we are today with TIPS, and a strategy change

Posted on June 21, 2013 by

After about six weeks of turmoil in the markets for Treasury Inflation-Protected Securities, we have seen yields on TIPS rise dramatically and a resulting free-fall in market prices on TIPS and and TIPS mutual funds. A recap: The 5-year TIPS … Continue reading →

Posted in Investing in TIPS | 8 Comments

30-year TIPS reissue auctions at a lofty 1.42%

Posted on June 20, 2013 by

The U.S. Treasury just announced that its 29-year, 8-month reissue of a Treasury Inflation-Protected Security auctioned with a yield of 1.42%, capping a spectacular run-up in yield in recent days. Read the announcement. This TIPS, CUSIP 912810RA8, was trading at … Continue reading →

Posted in Investing in TIPS | 2 Comments

Fed Chairman Bernanke’s ‘taper talk’ roils markets

Posted on June 19, 2013 by

Federal Reserve Chairman Ben Bernanke today told the world what we already knew: The U.S. economy is gradually improving, and if this improvement continues, the Fed will begin tapering off its bond-buying stimulus program, possibly this year. Bernanke set this … Continue reading →

Posted in Investing in TIPS | Leave a comment

U.S. inflation rises a meek 0.1% in May

Posted on June 18, 2013 by

U.S. inflation continued at a mild pace in May, rising just 0.1% on a seasonally adjusted basis and creating a ‘headline’ inflation rate of 1.4% over the last 12 months. Here’s the summary report. The non-seasonally adjusted number was 0.2%, … Continue reading →

Posted in I Bond, Inflation, Investing in TIPS | Leave a comment

TIPS rebound, but what’s ahead?

Posted on June 14, 2013 by

Over the last couple of years, Treasury Inflation-Protected Securities were the toughest prizefighter in the investment world: You could knock them around a little, but they always came roaring back. Then … Ben Bernanke spoke. It was May 22, and … Continue reading →

Posted in Investing in TIPS | 3 Comments

Up next: Reissue of a 30-year TIPS on June 20, 2013

Posted on June 12, 2013 by

The Treasury will announce tomorrow that it will reopen CUSIP 912810RA8, creating a 29-year, 8-month Treasury Inflation-Protected Security that will auction Thursday, June 20. Update: Here is the announcement. This TIPS will have something going for it that’s been extremely … Continue reading →

Posted in Investing in TIPS | 4 Comments

Monday: More blood in the streets for TIPS

Posted on June 10, 2013 by

After a month of very sharp rises in the yield on Treasury Inflation-Protected Securities, the trend continued Monday, with the yield on the benchmark 10-year TIPS rising to 0.11%, plus inflation, marking two trading days in a row the yield … Continue reading →

Posted in Investing in TIPS | Leave a comment

Two weeks off, and look what happens to TIPS …

Posted on June 9, 2013 by

I was on vacation and away from a computer (an iPad is NOT a computer) the last two weeks, and blog-writing was impossible. Enjoy the glories of Vancouver Island, B.C., or struggle with writing a blog on an iPad? Easy … Continue reading →

Posted in Investing in TIPS | 2 Comments