- The after-inflation yield for CUSIP 912828X39 came in right at the expected number, rising 12 basis points since the originating auction on April 20.
- The inflation breakeven rate was 1.66%, which is attractive when measured against nominal Treasurys.
- This TIPS will have one more reopening auction in December. That one will be worth watching.
Yes, in this case it was $10,000. I will add to that longer-term position if I see the opportunity. Of…