TIPS Auction Closed at 2.691%
By TFB
Results for today’s auction of the 4-year 6-month TIPS are in. It closed at 2.691% real. I’m very happy about it. I’m more excited that my spreadsheet produced results that matched the Treasury’s announcement to all decimal places! My initial, incorrect, quick and dirty estimate based on 2.6% yield was about $3 per $1,000 bond higher than the final results. Not bad, but now I know a better way.
For more background on Treasury Inflation Protected Securities (TIPS), please read this previous post:
Software picked, likely related posts:
Comments
Tell me what you're thinking, but please don't spam. See comments moderation policy.
Buy My Book
Subscribe
What are these?
