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.

Honey, there’s a hole in our TIPS ladder!

Posted on July 25, 2013 by Tipswatch

Treasury Inflation-Protected Securities are almost entirely risk free when bought and held to maturity. Default risk? As close to zero as you can get. Inflation risk? Covered. Duration risk? Hold to maturity and forget it. Downgrade risk? We’ve been through … Continue reading →

Posted in Investing in TIPS | 11 Comments

Why the breakeven rate is important: A TIPS versus Treasury example

Posted on July 22, 2013 by Tipswatch

I had a 10-year TIPS mature in July and I thought it would be interesting to look at how that Treasury Inflation-Protected Security performed against a traditional 10-year Treasury. Did it outperform? By how much? So here are the basic … Continue reading →

Posted in Investing in TIPS | 9 Comments

Who should buy Treasury Inflation-Protected Securities?

Posted on July 19, 2013 by Tipswatch

I was updating my TIPS Q&A page today and I realized that I never really answered this question: Who should buy TIPS? So here we go … First off, I want to state loudly that TIPS are for preserving wealth, … Continue reading →

Posted in Investing in TIPS | 10 Comments

10-year TIPS auctions at 2-year-high yield of 0.384%

Posted on July 18, 2013 by Tipswatch

The U.S. Treasury just announced that its auction of a new 10-year Treasury Inflation-Protected Security resulted in a yield to maturity of 0.384%, the highest in two years for any 9- to 10-year TIPS. This is CUSIP 912828VM9 and it … Continue reading →

Posted in Investing in TIPS | 5 Comments

10-year TIPS auction: We’ve been jawboned

Posted on July 17, 2013 by Tipswatch

I have pretty much lost my appetite for Thursday’s auction of a new issue 10-year Treasury Inflation-Protected Security. Why? It’s hard to swallow a jawbone. The jawboning has been coming from Federal Reserve Chairman Ben Bernanke, who last Wednesday afternoon … Continue reading →

Posted in Investing in TIPS | 10 Comments