TIPS Auction Closed at 2.691%
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:
2.2% Rewards Card $444 Bonus
Earn 2.2% toward travel on all purchases with Barclaycard Arrival World MasterCard. No caps and no foreign transaction fees. 40,000 bonus points if you make $1,000 or more in purchases in the first 90 days. $89 annual fee waived in the first year (40,000 bonus miles pay for 5 more years after that). Learn More
Software picked, likely related posts:
Comments
Tell me what you're thinking, but please don't spam. See comments moderation policy.

