30-Year TIPS Auctions With A Real Yield Of 1.003%, Highest In 2 Years

Posted on February 15, 2018 by

Summary

  • The real yield of 1.003% set the coupon rate at 1%, which is favorable for investors.
  • The inflation breakeven rate came in at 2.12%, up 28 basis points from a June 2017 auction of a similar term.
  • The market reaction has been mild; this TIPS generated weaker demand but the yield was close to estimates.

Read my full analysis on SeekingAlpha.com

About Tipswatch

Author of Tipswatch.com blog, David Enna is a long-time journalist based in Charlotte, N.C. A past winner of two Society of American Business Editors and Writers awards, he has written on real estate and home finance, and was a founding editor of The Charlotte Observer's website.
This entry was posted in Investing in TIPS. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

Gravatar
WordPress.com Logo

You are commenting using your WordPress.com account. ( Log Out /  Change )

Google photo

You are commenting using your Google account. ( Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. ( Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. ( Log Out /  Change )

Cancel

Connecting to %s