Category Archives: Investing in TIPS

10-year TIPS reopening auction should get best real yield in 14 years

Posted on September 17, 2023 by Tipswatch

By David Enna, Tipswatch.com This year, for the first time, I’ve soured on buying Treasury Inflation-Protected Securities at auction. Why? Because real yields have often come in a bit below “predicted” market value. That’s been especially true of the 10-year … Continue reading →

Posted in Inflation, Investing in TIPS, TreasuryDirect | 17 Comments

U.S. inflation rose 0.6% in August; what does it mean for TIPS, I Bonds and Social Security?

Posted on September 13, 2023 by Tipswatch

By David Enna, Tipswatch.com As expected, rising gasoline prices pushed U.S. inflation higher in August, rising a seasonally-adjusted 0.6% for the month and increasing 3.7% year-over-year, the Bureau of Labor Statistics reported today. Core inflation, which removes food and energy, … Continue reading →

Posted in Federal Reserve, I Bond, Inflation, Investing in TIPS, Retirement, Social Security | 15 Comments

‘Inflation Guy’ explains seasonal adjustment (or lack thereof)

Posted on September 10, 2023 by Tipswatch

By David Enna, Tipswatch.com I often caution readers about “non-seasonally adjusted inflation” and how it can create confusion and even distress as it sometimes skews away from headline inflation, the number you see reported each month. Non-seasonally adjusted inflation is … Continue reading →

Posted in Investing in TIPS | 20 Comments

Question: What is a ‘normal’ real yield?

Posted on September 7, 2023 by Tipswatch

By David Enna, Tipswatch.com One of the very first Treasury Inflation-Protected Securities I ever bought — CUSIP 912810FH6 — was auctioned on April 7, 1999, with a real yield to maturity of 3.899% and a coupon rate of 3.875%. I … Continue reading →

Posted in Federal Reserve, Investing in TIPS | 11 Comments

Experiment: Let’s try out a very short-term TIPS

Posted on September 3, 2023 by Tipswatch

By David Enna, Tipswatch.com Last week I wrote about my recent buying spree of medium- to longer-term Treasury Inflation Protected Securities, combined with some shorter-term nominal Treasurys and bank CDs. My goal is to take advantage of current high real … Continue reading →

Posted in Inflation, Investing in TIPS, Treasury Bills | 22 Comments