- Both real and nominal yields climbed sharply in 2018, especially for shorter terms. The yield curve has dramatically flattened, possibly pointing to an economic slowdown.
- TIPS auctions were a mixed bag in 2018: the 30-year auctions were unattractive, the 10-year auctions were acceptable, and the 5-year auctions became stellar.
- The I Bond’s fixed rate climbed to 0.5%, much higher than recent levels. But a higher rate could still be coming in 2019. Hold off on purchases in 2019.
Read my full analysis on SeekingAlpha.com