10 year TIPS reopening will auction March 17

This is CUSIP 912828N71, a reopening of a 10-year Treasury Inflation-Protected Security that first auctioned on Jan. 21 with a coupon rate of 0.625% and a real yield (after inflation) to maturity of 0.725%.

Right now, this TIPS is trading on the secondary market with a yield to maturity of about 0.36% and price of about a price of about $102.48 for $100 of par value.

I posted an analysis of this reopening auction over at SeekingAlpha.com, I hope you will click over to view it:

Up Next: 10-Year TIPS Will Reopen At Auction March 17; Is It Worth A Look?

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