Summary
- Real yields fell sharply this week in reaction to White House turmoil.
- The 10-year inflation breakeven rate came in at an attractive 1.79%, making this TIPS attractive versus a nominal Treasury.
- Market reaction looks positive, with TIPS yields falling after the auction close.
Treasury Inflation-Protected Securities 
Do you think 30‑year TIPS would be a good investment? The yield looks attractive, but the long maturity feels excessive…