TipsWatch
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Tipswatch is written by David Enna, a longtime journalist based in Charlotte, N.C. He has been investing in Treasury Inflation-Protected Securities (TIPS) since 1999. This blog is meant to explore ideas, benefits, and cautions about TIPS and U.S. Series I Bonds, inflation-protected investments that David believes are under-appreciated and under-used.
TipsWatch
1w ago
By David Enna, Tipswatch.com The Treasury’s auction of $23 billion in a new 5-year Treasury Inflation-Protected Security — CUSIP 91282CKL4 — resulted a real yield to maturity of 2.242%, the 2nd highest result for this term since October 2008. The ..read more
TipsWatch
1w ago
By David Enna, Tipswatch.com With Wednesday’s release of the March inflation report, the buying equation for U.S. Series I Savings Bonds became a bit clearer. We now know the I Bond’s variable rate will fall from the current 3.94% to ..read more
TipsWatch
2w ago
By David Enna, Tipswatch.com Note: I am posting this auction preview early because my I Bond buying guide will be going up Sunday morning. Keep in mind that real yields are currently highly volatile and will change by Thursday’s auction ..read more
TipsWatch
2w ago
Inflation again rose higher than expected in March, probably putting Fed rate cuts on hold. By David Enna, Tipswatch.com Non-seasonally adjusted inflation rose 0.65% in March, the Bureau of Labor Statistics reported this morning, which sets the inflation-adjusted variable rate ..read more
TipsWatch
3w ago
By David Enna, Tipswatch.com A logical strategy for some I Bond investors is to act now to redeem I Bonds with a fixed rate of 0.0% (and a current composite rate no higher than 3.94%) and use that money to ..read more
TipsWatch
1M ago
By David Enna, Tipswatch.com Blame it on the Fed. Early this week, it looked likely that today’s reopening auction of a 10-year TIPS — CUSIP 91282CJY8 — would generate a real yield to maturity of 2.0% or higher. But the ..read more
TipsWatch
1M ago
By David Enna, Tipswatch.com The U.S. Treasury on Thursday will offer $16 billion in a reopening auction of CUSIP 91282CJY8, creating a 9-year, 10-month Treasury Inflation-Protected Security. Real yields have been trending higher over the last few weeks, with the ..read more
TipsWatch
1M ago
By David Enna, Tipswatch.com While returning home from New Zealand a few days ago, I got into an airport conversation with a traveling friend. I mentioned I had a lot of things to do once I got home (about 30 ..read more
TipsWatch
2M ago
By David Enna, Tipswatch.com Earlier this year, I think most I Bond investors were assuming that the I Bond’s next fixed rate would end up being lower than the current 1.30%, the highest fixed rate since November 2006. But things ..read more
TipsWatch
2M ago
By David Enna, Tipswatch.com The Treasury’s auction of a new 30-year Treasury Inflation-Protected Security — CUSIP 912810TY4 — generated a real yield to maturity of 2.20%, the highest for this term at auction since February 2010. The coupon rate for ..read more