Category Archives: Investing in TIPS

The Consumer Price Index for All Urban Consumers (CPI-U) decreased 0.1% in August on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all-items index rose 0.2%. This wasn’t unexpected, although … Continue reading →

I was vacationing in peaceful Wisconsin last week and the Treasury’s awfully early and rather strange auction announcement slipped right past me. These usually come around the 15th of the month, but not this time. No, the Treasury wants to … Continue reading →

As stock markets wavered violently over the last week, the market for Treasury Inflation-Protected Securities has been remarkably sedate, and surprisingly, there is no apparent demand for TIPS as a ‘safe harbor.’ This chart shows the 5-day market results for … Continue reading →

The US Treasury just announced that its reopening of CUSIP 912828K33 resulted in a real yield to maturity (after inflation) of 0.305%. This creates a 4-year, 8-month Treasury Inflation-Protected Security. Because this TIPS has an already-established coupon rate of 0.125%, … Continue reading →

Let’s take a quick look at today’s auction of CUSIP 912828K33, creating a 4-year, 8-month Treasury Inflation-Protected security. This TIPS – originally issued in April – carries a coupon rate of 0.125%. Because this TIPS currently trades in the secondary market, … Continue reading →