Author Archives: Tipswatch

While a close-to-the-brink financial and political crisis rages, the TIP ETF today hit an all-time high, reaching $113.55 in midday trading, up about 0.6% from the previous day’s close. This is impressive, when you consider: The financial crisis, in theory, … Continue reading →

With a threat of default looming over U.S. Treasuries in just a few days, you might think that Treasuries would be swooning. Amazingly, they aren’t. Either investors don’t believe the threat of default is real, or they just don’t care. … Continue reading →

Bob Hinkley is known as ‘#cruncher’ on the Bogleheads forums, and rightly so. He has created and updates an incredible site with a massive amount of useful data guiding us through the history of Treasury Inflation-Protected Securities. Here’s a glimpse … Continue reading →

Today’s 10-year auction of a new-issue Treasury Inflation-Protected Security was met with tepid demand, resulting in a surprising coupon rate of 0.625% and a real yield to maturity of 0.639%. Just two days ago, the market rate for a 10-year … Continue reading →

The U.S. Treasury, at 1 p.m. Thursday, will auction $13 billion in a new-issue 10-year Treasury Inflation-Protected Security, Cusip 912820YP6. Buy it: Yes or no? I say no. Here is Tuesday’s quote for the 10-year TIPS that will mature in … Continue reading →