Monthly Archives: July 2014

Federal Reserve gives savers another slap in the face

Ouch. But it’s OK. We’re used to it. The Federal Reserve’s Open Market Committee on Wednesday issued minutes from its June meeting, with the headline being: ‘Economy is improving, inflation is rising, but Fed stands by ultra-low interest rates well … Continue reading

Posted in Inflation, Investing in TIPS | 5 Comments

10-year TIPS auctions at 0.249%, lowest yield since May 2013

The Treasury just announced that a new 10-year Treasury Inflation-Protected Security – CUSIP 912828WU0 – auctioned with a yield to maturity of 0.249% and a coupon rate of 0.125%, the lowest rate the Treasury allows on a TIPS. Today’s result … Continue reading

Posted in Investing in TIPS | 3 Comments

Checking in on today’s 10-year TIPS auction

The auction for CUSIP 912828WU0 – a new 10-year Treasury Inflation-Protected Security – will close today at 1 p.m. Noncompetitive bids – like those submitted through TreasuryDirect – must be place before noon. Here’s how this auction is shaping up: … Continue reading

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Before you buy that 10-year TIPS … consider an I Bond

There’s an auction of a new 10-year Treasury Inflation-Protected Security on Thursday, and it looks like it will generate a yield to maturity of about 0.25% (plus inflation), well below the 0.661% buyers of the last new TIPS got six … Continue reading

Posted in I Bond, Investing in TIPS, Savings Bond | 6 Comments

U.S. inflation rose 0.3% in June

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3% in June on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, inflation increased 2.1%. The June increase – which hit … Continue reading

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Up next: New 10-year TIPS auction July 24, 2014

The US Treasury hasn’t posted the formal announcement yet (it will be coming later this morning), but we know it will auction a new 10-year Treasury Inflation-Protected Security on Thursday, July 24. It will be CUSIP 912828WU0, and because this … Continue reading

Posted in Investing in TIPS | 8 Comments

Europe strikes again – and TIPS get more expensive

This is from today’s Wall Street Journal: Worries over the financial health of a major Portuguese lender spooked global markets Thursday, drubbing shares in southern Europe and sending U.S. stocks on an early swoon. The broad, sharp market moves were … Continue reading

Posted in Investing in TIPS | 2 Comments