Monthly Archives: October 2014

Checking in on TIPS as quantitative easing ends (we hope)

A brief history. The Federal Reserve started its latest round of quantitative easing (QE3, in this case) on Sept. 13, 2012, when it launched a $40 billion per month program to buy mortgage-backed securities. This eventually morphed into ‘Operation Twist’ … Continue reading

Posted in Investing in TIPS | 2 Comments

30-year TIPS reopening auctions with a yield of 0.985%

The Treasury just announced that the reopening of  CUSIP 912810RF7 – a 29-year 4-month Treasury Inflation-Protected Security – auctioned with a yield to maturity of 0.985%, a bit higher than looked likely this morning. This TIPS – which first auctioned … Continue reading

Posted in Investing in TIPS | 3 Comments