Author Archives: Tipswatch

The Treasury today at 1 p.m. closed out its auction of a new 10-year Treasury Inflation-Protected Security with a yield to maturity of -0.637%, a record low for any 9- to 10-year TIPS at auction. Here is the Treasury’s summary … Continue reading →

The U.S. Treasury today announced details of the upcoming 10-year auction of a new issue Treasury Inflation-Protected Security. It will be forever known as CUSIP 912828TE0. View the Treasury announcement. Details: The coupon, or base rate, of this TIPS will … Continue reading →

The Treasury will announce Thursday that it will be auctioning a new 10-year Treasury Inflation-Protected Security on July 19, 2012. What can we expect? The coupon rate is likely to be set by auction at 0.125%, the lowest rate possible, … Continue reading →

The Federal Reserve announced June 20 that it will extend its program of selling short-term Treasuries and buying long-term Treasuries, effectively extending ‘Operation Twist’ beyond its scheduled expiration at the end of this month. From the McClatchy Newspapers report: Because … Continue reading →

The Treasury today auctioned a 29-year, 8-month reissue of CUSIP 912810QV3, resulting in a yield to maturity of 0.520%. That’s a record-low yield for an 30-year TIPS issue or reissue; the previous low was 0.77%, for this same TIPS when … Continue reading →