Category Archives: Federal Reserve

This week’s 10-year TIPS auction has strong appeal

By David Enna, Tipswatch.com The U.S. Treasury on Thursday will offer $19 billion in a reopened 10-year Treasury Inflation-Protected Security, CUSIP 91282CRE3. I’d expect demand to be strong, despite recent Treasury-market volatility. This TIPS looks attractive. CUSIP 91282CRE3 had its … Continue reading

Posted in Federal Reserve, Inflation, Investing in TIPS, TreasuryDirect | Tagged , , | 25 Comments

U.S. inflation holds at 3.4% for August. Will that lead to a rate hike?

Plus, what’s ahead for investors in TIPS and I Bonds? By David Enna, Tipswatch.com U.S. all-items inflation rose 0.4% on a seasonally adjusted basis in August, up from 0.1% in July. The annual rate held at 3.4%, matching expectations, the … Continue reading

Posted in Federal Reserve, I Bond, Inflation, Investing in TIPS, Social Security | Tagged , , | 16 Comments

Schwab analysts weigh in on bond-market disruptions

By David Enna, Tipswatch.com I am posting this Schwab podcast as an add-on to my Friday article, “Secretary Bessent, take note: Treasury yields are not ‘too high’.” Note that the podcast focuses on Bessent’s actions and the bond market’s reaction. It … Continue reading

Posted in Federal Reserve, Inflation, Tariffs | Tagged , , , , , , | 18 Comments

Secretary Bessent, take note: Treasury yields are not ‘too high’

Plus: Reaction to Kevin Warsh’s speech at Jackson Hole. By David Enna, Tipswatch.com A week ago, Treasury Secretary Scott Bessent announced plans to double the Treasury’s buy-back of long-term U.S. debt, up from $2 billion to $4 billion a week … Continue reading

Posted in Federal Reserve, Inflation, Treasury Bills | Tagged , , | 24 Comments

30-year TIPS reopening gets real yield of 2.973%, highest in nearly 25 years

By David Enna, Tipswatch.com The Treasury’s auction of $8 billion in a reopened 30-year TIPS, CUSIP 912810US5, generated a real yield to maturity of 2.973%, highest for this term since October 2001. While that’s historic, the real yield fell just … Continue reading

Posted in Federal Reserve, Inflation, Investing in TIPS, Tariffs, TreasuryDirect | Tagged , , , , , , | 28 Comments