- CUSIP 912810RR1 is going to be pricey and unattractive.
- Federal Reserve didn’t do investors any favors by backing off from rate increases.
- Definitely avoid buying this TIPS in a taxable account; it will be cash flow negative.
I posted an analysis of this reopening on SeekingAlpha.com, read that here.
You can see all my SeekingAlpha posts on this page.