- The after-inflation yield was 21 basis points higher than the originating auction in January.
- Because this TIPS has a coupon rate of 0.5%, buyers got it at a discount: about $97.93 for $100.43 of value, after accrued inflation is added in.
- The inflation breakeven rate was 2.07%, indicating this TIPS is fairly priced against a nominal Treasury of the same term.
Read my full analysis on SeekingAlpha.com
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.
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