Auction Of New 10-Year TIPS Generates Real Yield Of 0.919%

Summary

  • The real yield came in 19 basis points below a similar reopening auction in November 2018, just two months ago.
  • The inflation breakeven rate of 1.82% was the lowest for this term since an auction in September 2017, a positive for investors.
  • End result: No surprises, because the real yield came close to the Treasury’s real yield estimates of the last two days.

Read my full analysis on SeekingAlpha.com

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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.
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