In those years, inflation was running at 4%+ but I don't think the Fed had yet set a 2% annual…
I heard Powell explain that this RMP bond-buying was more about building reserves than attempting to manipulate interest rates. The…
I found this post to be persuasive for the view that QE is not here yet. https://wolfstreet.com/2025/12/11/why-the-feds-reserve-management-purchases-are-not-qe/
It seems we may be there already. Quantitative Tightening (QT) has just been ended and something called "reserve management purchases"…
Category Archives: ETFs
Morningstar says VTIP is having a ‘lousy’ year. It’s not true.
By David Enna, Tipswatch.com Morningstar.com published an article last week singling out three of its favorite ETFs as having “a lousy 2025.” I was surprised to see Vanguard’s Short-term Inflation-Protected Securities ETF (VTIP) listed as one of the three. The … Continue reading
Posted in ETFs, Inflation, Investing in TIPS
Tagged investing, TIPS, Treasury investments
30 Comments
A 5-year TIPS is maturing today. How did it do as an investment?
An awful auction. A decent result. By David Enna, Tipswatch.com Back on October 22, 2020, a new 5-year Treasury Inflation-Protected Security — CUSIP 91282CAQ4 — auctioned with a depressingly low real yield to maturity of -1.320%, which at the time … Continue reading
Posted in ETFs, Federal Reserve, I Bond, Inflation, Investing in TIPS, Savings Bond
Tagged investing, personal-finance
25 Comments
iShares unveils new ETF holding exactly one TIPS, for now
The new target-date ETF, ticker IBIL, matures in October 2035. By David Enna, Tipswatch.com Blackrock’s iShares division last week launched a unique ETF holding just one bond: CUSIP 91282CML2, a 10-year TIPS that matures in January 2035. The formal name … Continue reading
Posted in ETFs, I Bond, Inflation, Investing in TIPS
Tagged personal-finance, TIPS Ladder, Treasury investments
18 Comments
IVOL, a once-hot inflation-fighting ETF, has produced poor results
By David Enna, Tipswatch.com My philosophy of investing is pretty simple: Stick to your asset allocation, layer in some inflation protection, and avoid undue risk, especially in your fixed-income holdings. So for fixed income, I am a fan of low-cost, … Continue reading
Posted in ETFs, Inflation, Investing in TIPS
Tagged inflation, interest-rates, investing
19 Comments
Can we build a better TIPS ETF?
Financial planner Allan Roth has an idea for using TIPS for retirement security. By David Enna, Tipswatch.com It’s no secret that I am not a huge fan of mutual funds and ETFs that invest in Treasury Inflation-Protected Securities, because of … Continue reading
Posted in ETFs, Investing in TIPS, Retirement
38 Comments
Treasury Inflation-Protected Securities 
Mango, QE in the form of large purchases of longer-term bonds is market manipulation, where the Fed is openly competing…