Summary
- This new TIPS could have the highest real yield since January 2016, but keep an eye on yield trends – they have been falling.
- The current inflation breakeven rate of 1.78% makes this TIPS attractive versus nominal Treasurys.
- A reason to celebrate? Possibly.
I’m sorry — I have been on vacation this week in rural Wisconsin and had extremely limited Internet! I wrote an article on Sunday for SeekingAlpha.com, but once it was published I was in the dead zone. As of the close Tuesday, it was looking like this new TIPS could go off at 0.50% or lower, and I am losing interest … Keep an eye out, though.
Read my full analysis on SeekingAlpha.com
Loren Sciurba serves as the Deputy Inspector General, exercising the delegated duties of the Treasury Inspector General position for the…