Monthly Archives: February 2021

The steepening real yield curve: What does it mean for TIPS investors?

By David Enna, Tipswatch.com If you follow the bond market at all, you know that longer-term nominal yields have been inching higher since the beginning of the year, and longer-term real yields (meaning yields above inflation) have been climbing, too. … Continue reading

Posted in Investing in TIPS | 11 Comments

One day after weak auction demand, 30-year TIPS yield climbs above zero

By David Enna, Tipswatch.com The Treasury’s offering of a new 30-year TIPS auctioned Thursday to weak demand, generating an above-current-market real yield of -0.04%, about 6 basis points more than expected. Then, one day later, the Treasury’s estimate of 30-year … Continue reading

Posted in Investing in TIPS | 6 Comments

Auction of new 30-year TIPS gets real yield of -0.04%, signaling weak demand

By David Enna, Tipswatch.com The U.S. Treasury’s auction of $9 billion in a new 30-year Treasury Inflation Protected Security, CUSIP 912810SV1, ended with a real yield to maturity of -0.04%, a bit higher than expected and a possible indication of … Continue reading

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Thursday’s 30-year TIPS auction is likely to get lowest coupon rate in history

By David Enna, Tipswatch.com The U.S. Treasury on Thursday (Feb. 18, 2021) will auction $9 billion in a new 30-year TIPS, CUSIP 912810SV1. The coupon rate and real yield to maturity will be set by the auction results, but a … Continue reading

Posted in Investing in TIPS | 6 Comments

A 10-year TIPS matured in January. How did it do as an investment?

By David Enna, Tipswatch.com I’ve been a big advocate of purchasing Treasury Inflation-Protected Securities over the last decade, and much of that time … I’ve been wrong. Oops, sorry. TIPS are investments that provide a market-based real return above (or … Continue reading

Posted in Investing in TIPS | 2 Comments