Summary
- 30-year real yields have been climbing, but not as quickly as yields for 5- and 10-year TIPS.
- The inflation breakeven rate is currently a reasonable 2.15%, making this issue competitive with a nominal 30-year Treasury.
- Risk/reward just isn’t good enough to justify an investment, unless you can be sure of holding it for 30 years.

It is true that I could have redeemed it when the rate was 1.9%, and maybe could have earned more…