Author Archives: Tipswatch

Summary Headline inflation came in at 0.0% in November and was up 2.2% year-over-year. Core inflation was up 0.2% for the month and 2.2% for the year. Non-seasonally adjusted inflation actually fell 0.33% in November, which means investors in TIPS … Continue reading →

Summary The last time a 9- to 10-year TIPS auctioned with a real yield above 1.00% was on January 20, 2011, at 1.17%. Buyers got this TIPS at a substantial discount because the real yield was well above the coupon … Continue reading →

Summary TIPS funds have taken a hit in 2018, but that damage has been partially  offset by distributions caused by rising inflation. The total return of shorter-term TIPS funds remains positive for the year, thanks to a shorter duration and … Continue reading →

Summary The real (after-inflation) yield looks likely to top 1.00% for the first time for any 9- to 10-year TIPS auction since January 2011. The inflation breakeven rate is currently a reasonable 2.02% and should attract strong demand at this … Continue reading →

Summary Higher gasoline prices accounted for more than one-third of the increase in headline inflation, the BLS reported. But crude oil prices began declining in October, which should be reflected in near-term gasoline prices. Both headline and core inflation matched … Continue reading →