Category Archives: TreasuryDirect

10-year TIPS reopening auction gets a real yield of 1.592%

By David Enna, Tipswatch.com Too often, the bond market tricks you. It happened again Thursday in the wake of Wednesday’s “sort-of surprise” action by the Federal Reserve to cut short-term interest rates by 50 basis points. The initial (and expected) … Continue reading

Posted in Federal Reserve, Inflation, Investing in TIPS, TreasuryDirect | Tagged , , , , | 4 Comments

Real yields are sinking. What does this mean for Thursday’s 10-year TIPS reopening auction?

By David Enna, Tipswatch.com First off, let’s point out that the Federal Reserve has not yet lowered interest rates by a single basis point and, in fact, the federal funds rate has been stable since July 2023. But changes are … Continue reading

Posted in Federal Reserve, I Bond, Inflation, Investing in TIPS, Savings Bond, TreasuryDirect | Tagged , , , | 9 Comments

Treasury is ending paper I Bonds as a tax refund

By David Enna, Tipswatch.com If you’ve been overpaying estimated taxes all through 2024 with the intention of purchasing paper U.S. Series I Savings Bonds in 2025 … it’s time for a new plan. Reporter Susan Tompor of the Detroit Free … Continue reading

Posted in Cash alternatives, I Bond, Investing in TIPS, Savings Bond, TreasuryDirect | Tagged , , | 29 Comments

30-year TIPS reopening auction gets real yield of 2.055%

Only the 2nd auction of this term since 2011 to get a real yield above 2.0%. By David Enna, Tipswatch.com Real yields were ticking a bit higher Thursday morning and that trend gave investors in today’s 30-year TIPS reopening auction … Continue reading

Posted in Inflation, Investing in TIPS, TreasuryDirect | Tagged , , , | 9 Comments

One particular data point makes this 30-year TIPS auction look attractive

Markets remain overly optimistic about future inflation. By David Enna, Tipswatch.com The U.S. Treasury on Thursday will offer at auction $8 billion in a reopened 30-year Treasury Inflation-Protected Security, CUSIP 912810TY4. While most small-scale investors will shy away from this … Continue reading

Posted in Federal Reserve, Inflation, Investing in TIPS, TreasuryDirect | Tagged , , , | 20 Comments