Category Archives: Investing in TIPS

The Federal Reserve announced June 20 that it will extend its program of selling short-term Treasuries and buying long-term Treasuries, effectively extending ‘Operation Twist’ beyond its scheduled expiration at the end of this month. From the McClatchy Newspapers report: Because … Continue reading →

The Treasury today auctioned a 29-year, 8-month reissue of CUSIP 912810QV3, resulting in a yield to maturity of 0.520%. That’s a record-low yield for an 30-year TIPS issue or reissue; the previous low was 0.77%, for this same TIPS when … Continue reading →

‘Headline’ inflation – the measure that determines the inflation adjustment to principal for TIPS – took a dive in May, falling 0.3%, pulled down by a plunge in gas prices. It was the biggest drop since December 2008 – the … Continue reading →

The Treasury announced today that, as expected, it will auction on June 21 a reissue of the 30-year Treasury Inflation-Protected Security, CUSIP 912810QV3. The result will be a 29-year, 8-month maturity. Here is the fact sheet, which points out that … Continue reading →

The Treasury just announced that Thursday’s reissue of a 10-year TIPS, CUSIP 912828SA9, auctioned with a yield to maturity of -0.391%, meaning that buyers were accepting a return that will lag inflation by 0.391% over 10 years. This TIPS will … Continue reading →