Author Archives: Tipswatch

Unknown's avatar

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.

How does a 5-year PenFed CD fit into TIPS strategy?

This blog is focused on Treasury Inflation-Protected Securities and I Bonds, both inflation-protected investments. So you might wonder why I’ve been ‘all excited’ about a 3% 5-year CD being offered by the Pentagon Federal Credit Union through Jan. 31, 2014. … Continue reading

Posted in Investing in TIPS | 11 Comments

Penfed extends 3.0% five-year CD

I’ve been watching to see if the Pentagon Federal Credit Union would extend its 3% five-year CD into 2014, and indeed, it has extended it until Jan. 31. I opened a $5 savings account there in December, hoping to put … Continue reading

Posted in Investing in TIPS | 2 Comments

Recapping 2013: The year in TIPS

Holders of mutual funds investing in Treasury Inflation-Protected Securities won’t be sad to see 2013 fade away: It’s been the worst year for TIPS values since the Treasury instrument was launched in 1997. The TIP ETF – which holds a … Continue reading

Posted in Investing in TIPS | 5 Comments

5-year TIPS reissue auctions at -0.375%

The Treasury just announced the results of today’s reopening of CUSIP 912828UX6, a 4-year, 4-month TIPS that auctioned with a yield to maturity of -0.375%, plus inflation. Because this TIPS carries a coupon rate of 0.125% – the lowest the … Continue reading

Posted in Investing in TIPS | 1 Comment

Federal Reserve launches ‘tapering’ with small cut in bond-buying

The Federal Reserve, in an announcement that slightly surprised the financial markets, announced today that it will reduce its $85 billion a month in bond purchases by $10 billion starting in January. The move was anticipated, but most market-watchers expected … Continue reading

Posted in Investing in TIPS | 2 Comments