Category Archives: Investing in TIPS

CUSIP 912828Q60 will have a coupon rate of 0.125%. Buyers had to pay about $101.63 for $100 of par value. As recently as December, a similar auction had a real yield 66 basis points higher. I wrote the full report … Continue reading →

The Treasury will be creating CUSIP 912828Q60 today – a new 5-year TIPS. The coupon rate and real yield to maturity will be set at the auction. Here’s how the auction is shaping up: The Treasury’s Real Yields Curve page … Continue reading →

Summary: CUSIP 912828Q60 looks likely to end up with a negative real yield. Yields for this term of TIPS are down an amazing 68 basis points since December. Even a US Savings I Bond with a fixed rate of 0.1% … Continue reading →

The U.S. inflation report for March had non-seasonally adjusted inflation rising 0.43%, enough to overwrite 5 months of deflation for the September 2015 to March 2016 adjustment period. Inflation ended up rising 0.08% in that six-month period, meaning  the Treasury … Continue reading →

I wrote this as a SeekingAlpha.com exclusive … Why? It’s not a mystery. They pay me. Here’s a summary: In 2016, TIPS yields have fallen much more sharply than the overall Treasury market. The five-year TIPS yield has fallen into … Continue reading →