Monthly Archives: August 2014

5-year TIPS auctions with yield of – 0.281%

The Treasury Department sold $16 billion in 5-year Treasury inflation-protected securities Thursday at a yield of -0.281%. That’s from Marketwatch … I am on the road. Advertisements

Posted in Investing in TIPS | 1 Comment

Checking in on Thursday’s TIPS auction, plus words from the Fed

I will be traveling Thursday and so I won’t be able to post any before- or after-thoughts on Thursday’s reopening of CUSIP 912828C99, creating a 4-Year 8-Month Treasury Inflation-Protected Security with a coupon rate of 0.125%. So let’s take a … Continue reading

Posted in Investing in TIPS | 1 Comment

U.S. inflation rose a moderate 0.1% in July

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.1% in July on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, this ‘headline’ inflation rate increased 2.0%. The 0.1% number … Continue reading

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

Up next: 5-year TIPS will reopen at auction Aug. 21, 2014

The US Treasury just formally announced it will reopen CUSIP 912828C99 at auction next Thursday, creating a 4-Year 8-Month Treasury Inflation-Protected Security with a coupon rate of 0.125%. This TIPS was originally auctioned on April 17, with a yield to … Continue reading

Posted in Investing in TIPS | 3 Comments

2014: What a strange year for stocks, bonds

Here is the chart of the day, captured at 9:34 a.m. Eastern time: Looking at net asset value, the TIP ETF, which holds a broad range of Treasury Inflation-Protected Securities, has performed almost exactly the same as the SPY ETF, … Continue reading

Posted in Investing in TIPS | Leave a comment

The 10-year TIPS quandry: What should the Treasury do in January 2015?

UPDATE (Sept 4, 2014): The Treasury has posted its newest preliminary auction schedule, which shows that it will auction a new 10-year TIPS on Jan. 28, 2015, with a maturity date of Jan. 15, 2025. That means there will be … Continue reading

Posted in Investing in TIPS | 2 Comments