Category Archives: Federal Reserve

A 10-year TIPS is maturing July 15. How did it do as an investment?

Posted on July 13, 2025 by Tipswatch

Answer: Very well, in keeping with recent trends. By David Enna, Tipswatch.com Back on July 23, 2015, the U.S. Treasury auctioned a fairly routine 10-year TIPS, CUSIP 912828XL9, generating a real yield to maturity of 0.491% and a coupon rate … Continue reading →

Posted in Federal Reserve, I Bond, Inflation, Investing in TIPS, TreasuryDirect | 14 Comments

The TIP ETF just hit a meaningless milestone

Posted on July 1, 2025 by Tipswatch

For some reason, the $110 net asset value is a marker for me. By David Enna, Tipswatch.com I have been writing about Treasury Inflation-Protected Securities for more than 14 years, and that is plenty of time to dream up “significant … Continue reading →

Posted in Bank CDs, Cash alternatives, Federal Reserve, Inflation, Investing in TIPS | Tagged , , , , , , | 14 Comments

The U.S. T-bill market is feeling the debt pinch

Posted on June 28, 2025 by Tipswatch

A looming debt-limit crisis is causing yield anomalies. By David Enna, Tipswatch.com In looking over this week’s auctions of Treasury bills, I noticed something unusual, but also predictable: The looming debt-limit crisis is beginning to send tremors through the short-term … Continue reading →

Posted in Cash alternatives, Federal Reserve, Treasury Bills, TreasuryDirect | Tagged , , , , , , | 16 Comments

Let’s take the long view on real yields

Posted on June 23, 2025 by Tipswatch

By David Enna, Tipswatch.com I noticed this morning that real yields for Treasury Inflation-Protected Securities are shifting a bit in the wake of the U.S. attack on Iran. But so far these changes seem fairly routine. The 5-year TIPS is … Continue reading →

Posted in Federal Reserve, Inflation, Investing in TIPS, TreasuryDirect | Tagged , , , , , , | 12 Comments

Coming Tuesday: Reopening auction of a 5-year TIPS

Posted on June 14, 2025 by Tipswatch

By David Enna, Tipswatch.com Yes, Tuesday. This month, the U.S. Treasury is breaking from its tradition of holding auctions for Treasury Inflation-Protected Securities on a Thursday. This month, it will be Tuesday, June 17. Why? Well, you could ask Google’s … Continue reading →

Posted in Federal Reserve, Inflation, Investing in TIPS, TreasuryDirect | Tagged , , , , , | 13 Comments