Summary
- The current real yield estimate of 0.54% would be the highest at auction since January 2016.
- The inflation breakeven rate has inched up to 2.01%, but that’s still attractive enough versus the nominal Treasury’s yield of 2.55%.
- Looking ahead: 5 more auctions of this maturity in 2018.
Treasury Inflation-Protected Securities 
Note, "when you establish an account..." It does say "at any time" (perhaps someplace else?) Regs are tricky!