Category Archives: Investing in TIPS

The Treasury today will create a new 10-year Treasury Inflation-Protected Security – CUSIP 912828H45, with the coupon rate to be determined at  auction. Non-competitive bids, like those placed at Treasury Direct, must be made by noon; competitive bids need to … Continue reading →

Treasury Inflation-Protected Securities are often cited as being reasonably safe against deflation, because when held to maturity they will return the original ‘par’ value, even if deflation strikes with vengeance. In other words, the value can never go below ‘par’ … Continue reading →

The Consumer Price Index for All Urban Consumers (CPI-U) declined 0.4%  in December on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 0.8%. From August until … Continue reading →

The Treasury just announced next week’s TIPS auction: CUSIP 912828H45, a new issue with the coupon rate to be determined at  auction. This auction will come amid a lot of turmoil in financial markets, with Treasury yields plummeting while the … Continue reading →

As the stock market tumbles a bit from all-time highs, the Treasury market is soaring, with yields dropping to 1.96% yesterday on the 10-year nominal Treasury. It is hard to believe that the US is seeing: 1) better-than-average economic growth, … Continue reading →