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.

5-year TIPS auctions at all-time low -1.080%

The Treasury just completed its auction of a new 5-year Treasury Inflation-Protected security, which resulted in a yield to maturity of -1.080%. CUSIP 912828SQ4 has a coupon rate of 0.125%, meaning that today’s buyers had to pay up for this … Continue reading →

Posted in Investing in TIPS | 7 Comments

Forget the 5-year TIPS, buy I Bonds … today

The Treasury is offering a 5-year TIPS Thursday that will have zero appeal for small investors. CUSIP 912828SQ4 will auction with a coupon rate of 0.125%, but buyers will have to pay up – way up – to get the … Continue reading →

Posted in I Bond, Investing in TIPS, Savings Bond | 14 Comments

Treasury formally announces 5-year TIPS auction on April 19

The U.S. Treasury today posted its formal announcement of the five-year TIPS to be auctioned Thursday, April 19. It is CUSIP 912828SQ4, a new issue. It will most likely auction with a coupon yield of 0.125%. We already know this … Continue reading →

Posted in I Bond, Investing in TIPS, Savings Bond | 1 Comment

Food, gas costs push up U.S. inflation

The U.S. Labor Department reported today that the Consumer Price Index rose 0.3% in March, mostly because of higher food and gas prices. In 12 months that ended in February, prices rose 2.7 percent. That’s below last year’s peak year-over-year … Continue reading →

Posted in Investing in TIPS | 4 Comments

Let’s be negative: Making the case for a 5-year TIPS

The Treasury on April 19 will auction a new issue 5-year Treasury Inflation-Protected Security, and it is likely to have a deeply negative base interest rate. I am going to try my best to explain why anyone would buy this … Continue reading →

Posted in Investing in TIPS | 2 Comments