Category Archives: Investing in TIPS

Summary The 0.2% number matched the consensus estimate, so no surprise for investors. Non-seasonally adjusted inflation continued a trend of strong increases; it’s up 1.22% over three months. Core inflation is up 2.3% over the last 12 months, certainly not … Continue reading →

Summary The coupon rate and real yield to maturity for CUSIP 912828S50 will be set by the auction. The current market is pointing to a coupon rate of 0.125% and a real yield of about 0.03%. Why would buyers be … Continue reading →

Summary TIPS yields have fallen to their lowest levels in three years. The TIP ETF is up about 6.9% year to date, and it has outperformed the overall bond market. Thinking you need inflation protection? Consider I Bonds instead of … Continue reading →

Hmmm… a TIPS auction on a Wednesday? I have to admit, I didn’t see that coming. I have been covering TIPS auctions for 5 1/2 years, and every single one was on a Thursday, unless the Thursday was a federal … Continue reading →

Summary CUSIP 912810RR1 is going to be pricey and unattractive. Federal Reserve didn’t do investors any favors by backing off from rate increases. Definitely avoid buying this TIPS in a taxable account; it will be cash flow negative. I posted … Continue reading →