Author Archives: Tipswatch

In a Sept. 11 post, I noted the screwed up state of interest rates on super-safe investments. My evidence was an offering from the Pentagon Federal Credit Union of a 1-year insured  CD, paying 1.06% with just a $1,000 minimum … Continue reading →

A 10-year TIPS is yielding 0.34% (plus inflation) today on the secondary market, a drop of 27 basis points since the last auction Sept. 18, which resulted in a yield of 0.61%. That’s a pretty big turnaround for TIPS. The … Continue reading →

Back on Sept. 4 I posted ‘Why TIPS aren’t a good buy right now: A story in charts‘, in which tried to explain why the TIPS market looked a little out-of-whack, with TIPS yields dropping too low (and TIPS prices rising … Continue reading →

The Treasury just posted results of today’s reopening of CUSIP 912828WU0, which went off with a yield to maturity of 0.610%, plus inflation. Just before the auction closed, Reuters’ survey of primary dealers predicted a yield of 0.577%. Because this … Continue reading →

The TIPS market is looking fairly sedate this morning, so we should be able to get a pretty good idea of how today’s reopening of CUSIP 912828WU0 will go. This will be a 9-year, 10-month TIPS with a coupon rate … Continue reading →