Summary
- The real yield could rise above 0.50% for the first time since January 2016. If that trend holds, should you consider an investment?
- The inflation breakeven rate is currently 1.89%, which is reasonable but puts this TIPS in the neutral zone versus a nominal Treasury.
- How strong will the demand be at Thursday’s auction? Watch the yield trends this week before investing.
Treasury Inflation-Protected Securities 
I've just read my own comment aloud to my wife, who opines that "the only thing that's easy at TreasuryDirect…