To echo what Jim said above, inflation provides a windfall to those who hold nominal debt, and deflation provides a…
David, thanks very much for both of your posts, which offer a road map for making my decision on buying…
I bought the $13,349 of principal at a discount of 18.245%. That works out to an average annualized return of…
Thanks T Lee, that's a very succinct and logical explanation.
Category Archives: TreasuryDirect
Thursday’s 10-year TIPS reopening auction looks attractive; ignore the Treasury turmoil
By David Enna, Tipswatch.com The U.S. Treasury on Thursday will auction $15 billion in a reopening of CUSIP 91282CGK1, creating a 9-year, 8-month Treasury Inflation-Protected Security. Although the Treasury market is filled with uncertainty this month as a debt-limit disaster … Continue reading
Posted in Inflation, Investing in TIPS, TreasuryDirect
10 Comments
My schedule … and what’s coming next
Traveling again? Of course. By David Enna, Tipswatch.com For most of last week, I was stressing out about today, when I will be leaving for South America for a tw0-week-plus trip. It wasn’t the travel that had me stressed. It … Continue reading
Posted in Federal Reserve, Inflation, Investing in TIPS, TreasuryDirect
24 Comments
I Bond’s fixed rate will rise to 0.9% on May 1, TreasuryDirect says
Composite rate will fall from 6.89% to 4.30%, but the fixed rate of 0.9% is highly attractive for long-term holders. By David Enna, Tipswatch.com Surprise! I Bonds purchased from May to October 2023 will get a fixed rate of 0.9% … Continue reading
Posted in I Bond, TreasuryDirect
114 Comments
Thoughts on this week’s 5-year TIPS auction: It’s complicated
By David Enna, Tipswatch.com The U.S. Treasury on Thursday will auction $21 billion of a new 5-year Treasury Inflation-Protected Security, CUSIP 91282CGW5. The coupon rate and real yield to maturity will be set by the auction results. For months, I … Continue reading
Posted in Bank CDs, Inflation, Investing in TIPS, TreasuryDirect
51 Comments
I Bond dilemma: Buy in April, buy in May, or don’t buy at all?
The I Bond’s fixed rate could rise to 0.6% or higher on May 1. Should you wait? Or look at alternatives? By David Enna, Tipswatch.com Update, April 28, 2023: Treasury raises I Bond’s fixed rate to 0.9%; new composite rate … Continue reading
Treasury Inflation-Protected Securities 
Yes, in this case it was $10,000. I will add to that longer-term position if I see the opportunity. Of…