10-Year TIPS Reopening Auctions With A Real Yield Of 0.466%

Summary

  • 10-year TIPS yields have been holding under 0.50% even as the Federal Reserve raises short-term rates.
  • The inflation breakeven rate dipped to 1.95%, under the 2.00% mark where it had been riding for most of 2017. Inflation expectations are stable right now.
  • Buyers at today’s reopening got this TIPS at a slight discount and a slightly higher yield than at the originating auction in January.

Read my full analysis at SeekingAlpha.com

Advertisements
This entry was posted in Investing in TIPS. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s