- Buyers will pay about $101.11 for $100.40 of value, after accrued inflation is figured in.
- The Fed’s decision to hold off on an interest rate increase drove TIPS yields lower.
- The inflation-breakeven rate of 1.56% makes this an attractive issue for big-money investors.
Sorry about my delay in posting this. The news cycle is a bit hectic in my home town of Charlotte these days. But I am safe, no problems. Just sad for my city.