Monthly Archives: November 2013

10-year TIPS reissue auctions at 0.560%

The Treasury site is suffering hiccups today, but it has finally posted results for the $13 billion reissue of CUSIP 912828VM9, creating a 9-year 8-month Treasury Inflation-Protected Security. It auctioned with a yield of 0.560%, indicating decent demand for this … Continue reading

Posted in Investing in TIPS | 1 Comment

Checking in on today’s 10-year TIPS reopening

The Treasury today is reopening CUSIP 912828VM9, creating a 9-year 8-month Treasury Inflation-Protected Security. This TIPS trades on the secondary market, so we can get a pretty good idea of the likely yield, which was 0.587% (plus inflation) at the … Continue reading

Posted in Investing in TIPS | 3 Comments

Up next: 10-year TIPS reissue will auction Nov. 21, 2013

The U.S. Treasury formally announced yesterday that on Nov. 21 it will reopen CUSIP 912828VM9, creating a 9-year 8-month Treasury Inflation-Protected Security. View the Treasury announcement. This TIPS has an interesting history, because it was reissued on Sept. 19, the … Continue reading

Posted in Investing in TIPS | 11 Comments

How have short-term TIPS funds performed?

A year ago, on Oct. 28, 2012, I wrote a post titled ‘Vanguard’s new short-term TIPS funds: Better than cash?‘ and asked if funds investing in short-term Treasury Inflation-Protected Securities could be an alternative to a money-market fund. Back then, short-term … Continue reading

Posted in Investing in TIPS | 2 Comments

New Treasury Floating-Rate Notes: Bad deal for small investors?

The Treasury Department said today it will hold its first Floating-Rate Note auction on Jan. 29. These 2-year-term FRNs are a new product, and are drawing a lot of attention as a possible replacement or add-on to fixed-income holdings like … Continue reading

Posted in I Bond, Inflation, Investing in TIPS | 7 Comments

More evidence: Why I Bonds are a no-brainer buy

May 1 update: Treasury drops I Bond fixed rate to 0.1% Four days into November, and I am still amazed that the U.S. Treasury added a 0.2% fixed base rate to its Savings I Bonds purchased from Nov. 1, 2013 … Continue reading

Posted in I Bond, Investing in TIPS | 3 Comments

Amazing news: Treasury adds 0.20% fixed rate to the I Bond

The U.S. Treasury just announced that I Bonds purchased from Nov. 1, 2013, to April 30, 2014, will pay a fixed-rate of 0.20%, along with an inflation-adjusted rate of 1.18% (annualized) over the next six months. That means I Bonds … Continue reading

Posted in I Bond, Investing in TIPS, Savings Bond | 11 Comments