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.

2022 in review: Scary year for inflation, better year for inflation protection

Posted on December 30, 2022 by Tipswatch

By David Enna, Tipswatch.com The year 2022 broke through several economic milestones, and most of them were dreadful: Highest U.S. inflation in 40 years. U.S. stock market down 20%. U.S. bond market down 13%. Federal Reserve aggressively raising interest rates. … Continue reading →

Posted in I Bond, Inflation, Investing in TIPS, Savings Bond, TreasuryDirect | 30 Comments

The language of TIPS: It’s complicated.

Posted on December 27, 2022 by Tipswatch

New investors are baffled by Treasury Inflation-Protected Securities. Can’t blame them. By David Enna, Tipswatch.com A year ago, while real yields for Treasury Inflation-Protected Securities were still deeply below zero, I worked with a Wall Street Journal reporter on a … Continue reading →

Posted in Inflation, Investing in TIPS, TreasuryDirect | 55 Comments

Let’s take a quick look at the pricing of this week’s TIPS auction

Posted on December 24, 2022 by Tipswatch

Some readers are reporting discrepancies. Any ideas? By David Enna, Tipswatch.com After I posted my article on Thursday’s reopening auction of CUSIP 91282CFR7, creating a 4-year, 10-month TIPS, several readers reported discrepancies in the pricing being reported by their brokers. … Continue reading →

Posted in Investing in TIPS | 28 Comments

5-year TIPS reopening gets a real yield of 1.504%, a bit higher than expected

Posted on December 22, 2022 by Tipswatch

By David Enna, Tipswatch.com The Treasury’s offering today of $19 billion in a reopening of a 5-year Treasury Inflation-Protected Security generated a real yield to maturity of 1.504%, a good result for investors. This is CUSIP 91282CFR7, and the reopening … Continue reading →

Posted in Investing in TIPS | 44 Comments

Despite volatility, this week’s 5-year TIPS reopening remains appealing

Posted on December 18, 2022 by Tipswatch

By David Enna, Tipswatch.com Opinion: Nominal and real yields for mid- to longer-term Treasurys are lower than they should be. The Federal Reserve is aggressively tightening, sending clear signals it wants interest rates heading higher. But the result is lower … Continue reading →

Posted in Inflation, Investing in TIPS | 67 Comments