- The after-inflation yield was the highest for any 4- to 5-year TIPS auction since October 2009.
- The coupon rate was set at 0.625%, the first time any TIPS of this term has had a coupon rate higher than 0.125% since April 2010.
- The inflation breakeven rate came in a 2.13%, higher than in recent auctions but still in a ‘neutral’ range.
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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