Author Archives: Tipswatch

Yes, it has been a bad year for Treasury Inflation-Protected Securities, but as I will explain, it all depends on how you define ‘bad.’ As a buy and hold-to-maturity investor in TIPS, with a ladder crossing many years of maturities, … Continue reading →

The Treasury site is suffering hiccups today, but it has finally posted results for the $13 billion reissue of CUSIP 912828VM9, creating a 9-year 8-month Treasury Inflation-Protected Security. It auctioned with a yield of 0.560%, indicating decent demand for this … Continue reading →

The Treasury today is reopening CUSIP 912828VM9, creating a 9-year 8-month Treasury Inflation-Protected Security. This TIPS trades on the secondary market, so we can get a pretty good idea of the likely yield, which was 0.587% (plus inflation) at the … Continue reading →

The U.S. Treasury formally announced yesterday that on Nov. 21 it will reopen CUSIP 912828VM9, creating a 9-year 8-month Treasury Inflation-Protected Security. View the Treasury announcement. This TIPS has an interesting history, because it was reissued on Sept. 19, the … Continue reading →

A year ago, on Oct. 28, 2012, I wrote a post titled ‘Vanguard’s new short-term TIPS funds: Better than cash?‘ and asked if funds investing in short-term Treasury Inflation-Protected Securities could be an alternative to a money-market fund. Back then, short-term … Continue reading →