- CUSIP 912828Q60 will have a coupon rate of 0.125%.
- Buyers had to pay about $101.63 for $100 of par value.
- As recently as December, a similar auction had a real yield 66 basis points higher.
I wrote the full report for SeekingAlpha.com, so please read it! …
New 5-year TIPS auctions with a negative real yield to maturity, -0.195%
Of course nothing is for sure, as David has said, the treasury could change the way they compute the fixed…