Author Archives: Tipswatch

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 →

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 →

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 →

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 →

Inflation – as measured by the Consumer Price Index for All Urban Consumers (CPI-U) – was unchanged in November on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, this index – … Continue reading →