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.

30-year TIPS reissue auctions at record-low 0.479%

Posted on October 18, 2012 by Tipswatch

The Treasury just announced that the $7 billion reissue of CUSIP 912810QV3 — creating a 29-year, 4-month TIPS — auctioned with a yield to maturity of 0.479%, a record low for any 30-year issue or reissue. (The principal balance of … Continue reading →

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Improving yield on Thursday’s 30-year TIPS auction?

Posted on October 17, 2012 by Tipswatch

The likely yield on the reissue of a 30-year TIPS has been creeping up this week, making this 29-year 4-month TIPS at least slightly more attractive.  If you have been on the fence about this one, you should at least … Continue reading →

Posted in Investing in TIPS | 2 Comments

Better long-term investment: 30-year TIPS or … booze?

Posted on October 17, 2012 by Tipswatch

I was touring in Northern Ireland recently and visited the historic Old Bushmills Distillery plant in County Antrim. It was a so-so tour, but a few days later I toured the impressive Guinness Storehouse in Dublin, a fascinating and high-tech … Continue reading →

Posted in Investing in TIPS | 2 Comments

Higher gas prices pushed consumer inflation up 0.6% in September

Posted on October 16, 2012 by Tipswatch

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 →

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

Posted on October 14, 2012 by Tipswatch

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