10-Year TIPS Reopening Auctions With A Real Yield Of 0.369%

Posted on November 17, 2016 by Tipswatch

Summary

  • The real yield was about 37 basis points higher than the early October trend.
  • The inflation-breakeven rate of 1.90% was the highest since May 2015.
  • TIPS are drawing attention as fears of future inflation rise.

Today’s reopening auction of CUSIP 912828S50 – creating a 9-year, 8-month Treasury Inflation-Protected Security – resulted in a real yield of 0.369%. Here’s is the Treasury’s auction summary.

Read my full analysis at SeekingAlpha.com

About Tipswatch

Author of Tipswatch.com blog, David Enna is a long-time journalist based in Charlotte, N.C. A past winner of two Society of American Business Editors and Writers awards, he has written on real estate and home finance, and was a founding editor of The Charlotte Observer's website.
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