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Recent Posts
- March inflation sets I Bond’s new variable rate at 3.34%
- A 5-year TIPS is maturing April 15. How did it do as an investment?
- I Bond’s fixed rate is likely to hold at 0.90% at May 1 reset
- War in Iran: Sliding toward a financial crisis
- 10-year TIPS reopening gets real yield of 1.896%
- Chaos of war bolsters 10-year real yield heading into this week’s auction
- February inflation rose 0.3%, as expected. Is this our last ‘tame’ reading for awhile?
- Could Tipswatch.com be staffed by AI agents?
- Economist Claudia Sahm: U.S. economic statistics are not being manipulated
- 30-year TIPS auction gets real yield of 2.473%, second highest in 16 years
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Links
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- Bloomberg: Current yields
- Chart: 10-year inflation breakeven rate
- Chart: 10-year TIPS yields
- Chart: 30-year TIPS inflation breakeven rates
- Chart: 30-year TIPS real yields
- Chart: 5-year TIPS inflation breakeven rates
- Chart: 5-year TIPS yields
- Historical Auction Query
- Historical I Bonds data
- Historical inflation data
- Historical TIPS data
- Tentative auction schedule
- TIPS/CPI Data
- Treasury Direct
- U.S. Inflation Calculator
- U.S. Treasury Yield Curve Estimates
- WSJ: Current TIPS values
Archives
Most likely the TIPS will outperform the I Bond over 5 years, if held to maturity. The 5-year TIPS currently…
David, there is a 5-year TIPS coming up April 23 that I assume you will be writing about. Could you…
Thanks for the detailed explanation. I believe you are saying the "breakeven inflation rate" should reflect the inflation expectation rather…
I am definitely not a fan of purchasing TIPS with negative real yields. My goal is to get a safe…
Categories
Category Archives: Investing in TIPS
Frank talk from Fidelity about TIPS
One side benefit of establishing even a small stake in the Fidelity Inflation-Protected Bond Fund (FINPX) is getting Fidelity’s annual and semiannual shareholder reports. The managers of this fund – William Irving and Franco Castagliuolo – seem to be straight … Continue reading
Posted in Investing in TIPS
1 Comment
TIPS mutual funds got a reality check in 2013, more trouble to come?
Yes, it has been a bad year for Treasury Inflation-Protected Securities, but as I will explain, it all depends on how you define ‘bad.’ As a buy and hold-to-maturity investor in TIPS, with a ladder crossing many years of maturities, … Continue reading
Posted in Investing in TIPS
7 Comments
10-year TIPS reissue auctions at 0.560%
The Treasury site is suffering hiccups today, but it has finally posted results for the $13 billion reissue of CUSIP 912828VM9, creating a 9-year 8-month Treasury Inflation-Protected Security. It auctioned with a yield of 0.560%, indicating decent demand for this … Continue reading
Posted in Investing in TIPS
1 Comment
Checking in on today’s 10-year TIPS reopening
The Treasury today is reopening CUSIP 912828VM9, creating a 9-year 8-month Treasury Inflation-Protected Security. This TIPS trades on the secondary market, so we can get a pretty good idea of the likely yield, which was 0.587% (plus inflation) at the … Continue reading
Posted in Investing in TIPS
3 Comments
Up next: 10-year TIPS reissue will auction Nov. 21, 2013
The U.S. Treasury formally announced yesterday that on Nov. 21 it will reopen CUSIP 912828VM9, creating a 9-year 8-month Treasury Inflation-Protected Security. View the Treasury announcement. This TIPS has an interesting history, because it was reissued on Sept. 19, the … Continue reading
Posted in Investing in TIPS
11 Comments
Dongchen, I always say that the inflation breakeven rate reflects sentiment but is a fairly lousy predictor of future inflation.…