Author Archives: Tipswatch

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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.

Higher gas prices pushed consumer inflation up 0.6% in September

The Labor Department today reported that ‘headline’ inflation – the measure used to adjust the principal on TIPS and the interest rate on I Bonds – rose a strong 0.6% in September, the second strong increase in two months. Read … Continue reading

Posted in I Bond, Inflation | Leave a comment

Next up: Reopening of a 30-year TIPS on October 18, 2012

The U.S. Treasury on Thursday released its formal announcement of a reissue of CUSIP 912810QV3, which will mature on February 15, 2042, making this a 29-year 4-month TIPS. It has a coupon rate of 0.75%, but will likely auction on … Continue reading

Posted in Investing in TIPS | 2 Comments

Are TIPS expensive? A look back into recent history …

A New York Times article with the headline ‘An Inflation Hedge Carries Its Own Risks‘ spells out why TIPS mutual funds appear to be overpriced, and possibly risky, after substantial gains. Some of its major points: Investors who placed bets … Continue reading

Posted in Investing in TIPS | 12 Comments

10-year TIPS auctions at a record low -0.75%

The U.S. Treasury just announced that its reissue of a 10-year TIPS auctioned with a record-low yield to maturity of -0.75%. This is CUSIP 912828TE0, which will mature on July 15, 2022. The previous record low was for this same … Continue reading

Posted in Investing in TIPS | 14 Comments

Are TIPS a good investment in 2012?

I get that question a lot. My quickest reaction is: ‘No.’ Treasury Inflation-Protected Securities were a really good investment back in 1999, when you could have bought a 30-year TIPS with a yield to maturity of 4.138% – that means … Continue reading

Posted in I Bond, Inflation, Investing in TIPS | 15 Comments