Category Archives: Investing in TIPS

Summary The May number came in below the consensus estimate of 0.3%, but core inflation rose to 2.2% for the last 12 months. Increases in energy and shelter prices were offset by declines in food, apparel, and used cars. Non-seasonally … Continue reading →

The after-inflation yield was the lowest for any 9- to 10-year TIPS in more than a year. This TIPS has a coupon rate of 0.625%, so buyers paid an adjusted price of about $103.53 for $100 of par value. The … Continue reading →

I’ll be working tomorrow morning – I’m usually off on Thursdays – so I won’t be able to post a morning outlook. I wrote an analysis of this auction last week on SeekingAlpha.com, so check that out for a lot … Continue reading →

The Consumer Price Index for All Urban Consumers increased 0.4% in April on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, headline inflation rose 1.1%. While that’s a sharp increase, it … Continue reading →

The US Treasury announced this morning that it will reopen CUSIP 912828N71 at auction on May 19, creating a 9-year, 8-month Treasury Inflation-Protected Security. This TIPS originally auctioned on January 21 with a coupon rate of 0.625% and a real … Continue reading →