Monthly Archives: March 2021

10-year TIPS reopening auction generates a real yield of -0.580%

Posted on March 18, 2021 by Tipswatch

By David Enna, Tipswatch.com Reflecting a trend of both rising real yields and rising inflation expectations, the U.S. Treasury’s reopening auction today of a 10-year Treasury Inflation-Protected Security — CUSIP 91282CBF7 — generated a real yield to maturity of -0.580%, … Continue reading →

Posted in Investing in TIPS | 3 Comments

Next up: 10-year TIPS will reopen at auction on March 18, one year after turmoil hit markets

Posted on March 13, 2021 by Tipswatch

By David Enna, Tipswatch.com The U.S. Treasury will offer $13 billion in a March 18 auction reopening CUSIP 91282CBF7, creating a 9-year, 10-month Treasury Inflation-Protected Security. Real yields have been climbing recently, but are yields up enough to make this … Continue reading →

Posted in Investing in TIPS | 4 Comments

February inflation rose 0.4%: What does it mean for TIPS and I Bonds?

Posted on March 10, 2021 by Tipswatch

By David Enna, Tipswatch.com As expected, U.S. inflation surged 0.4% in February, triggered primarily by rising gasoline prices. But the overall February inflation report from the Bureau of Labor Statistics, released this morning, is a bag of mixed messages. One … Continue reading →

Posted in I Bond, Inflation, Investing in TIPS, Savings Bond | 7 Comments

Inflation expectations are soaring, with a short-term twist

Posted on March 7, 2021 by Tipswatch

By David Enna, Tipswatch.com I’ve been writing about inflation and inflation breakeven rates for 10 years, and I’ve never seen anything quite like the picture presented by this chart, which shows the trend in the 5-year inflation breakeven rate over … Continue reading →

Posted in Inflation, Investing in TIPS | 9 Comments

Could rising real yields cause the Treasury to raise the I Bond’s fixed rate above 0.0%?

Posted on March 3, 2021 by Tipswatch

By David Enna, Tipswatch.com There’s been a lively discussion going on over at the Bogleheads forum about the possibility that the recent rise in real yields could prompt the Treasury to raise the fixed rate on the Series I Savings … Continue reading →

Posted in I Bond, Inflation, Investing in TIPS, Savings Bond | 10 Comments