Monthly Archives: May 2014

10-year TIPS reopening auctions with a yield of 0.339%

The Treasury just announced that the reopening of CUSIP 912828B25 auctioned with a yield to maturity of 0.339%, plus inflation. This is a 9-year, 8-month TIPS with a coupon rate of 0.625%. That yield, which was expected, is a big … Continue reading

Posted in Investing in TIPS | 6 Comments

Checking in on today’s 10-year TIPS auction

The U.S. Treasury is reopening CUSIP 912828B25 in an auction today, creating a 9-year, 8-month Treasury Inflation-Protected Security with a coupon rate of 0.625%. I wrote about this last week and noted that the likely yield to maturity on this … Continue reading

Posted in Investing in TIPS | Leave a comment

Next up: 10-year TIPS will reopen in May 22, 2014, auction

The U.S. Treasury announced today it will reopen CUSIP 912828B25 in a May 22 auction, creating a 9-year, 8-month Treasury Inflation-Protected Security with a coupon rate of 0.625%.  Noncompetitive bidding closes at noon and competitive bidding ends at 1 p.m. … Continue reading

Posted in Investing in TIPS | Tagged , , , , | 6 Comments

U.S. inflation rose 0.3% in April

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3% in April on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. This number, which was expected, resulted in an inflation rate of 2.0% over the … Continue reading

Posted in Investing in TIPS | 2 Comments

A surprising trend for Treasurys in 2014: Up

You might not have noticed, but yields on US Treasurys touched a six-month low on Monday, meaning their value has been heading in a surprising direction: Up. (Prices on bonds rise as yields fall.) This is a surprise because just … Continue reading

Posted in Investing in TIPS | Leave a comment

Treasury drops I Bond fixed rate to 0.1% for purchases through Oct. 31, 2014

In a bit of a surprise, the US Treasury just announced it is dropping the I Bond fixed rate from 0.2% to 0.1% for I Bonds purchased from May 1 to Oct. 31, 2014. The fixed rate will be paired … Continue reading

Posted in Investing in TIPS | 10 Comments