Tipswatch

Talking about Treasury Inflation-Protected Securities, plus I Bonds and Treasurys in general, on the site, since March 2011.

[Tipswatch @TipsWatch]

@MebFaber @CharlesSchwab @Fidelity Ok,tell us the whole story. Which ETFs? Can’t be the traditional biggies.

[Nick Timiraos @NickTimiraos]

Thursday's 10-year Treasury yield decline of 0.193 percentage point (to 4.952%) is the largest single day yield decline since March 10, 2023, which is the day Silicon Valley Bank failed.

[Tipswatch @TipsWatch]

@KathyJones About time. But one day too early for buyers at today’s TIPS auction

[Tipswatch @TipsWatch]

Today's 5-year TIPS auction got a real yield of 2.367%, good but not awe-inspiring. Auction investors got caught in a down-draft of Treasury yields ... https://t.co/vwiuEhseIe

[Tipswatch @TipsWatch]

Treasury's auction of a new 5-year TIPS got a real yield of 2.367%, caught in today's down-drift in yields. When-issued prediction was 2.36%, so demand was not stellar. Confusing day for the Treasury market.

[LiveSquawk @LiveSquawk]

US 5-Year TIPS Sale:
- High Yield Rate: 2.367% (prev 1.955%)
- Bid-Cover Ratio: 2.41 (prev 2.61)
- Direct Accepted: 32.4% (prev 28.0%)
- Indirect Accepted: 62.0% (prev 68.6%)
- WI: 2.36%

[Tipswatch @TipsWatch]

Today's T-bill auction results: 4-week, investment rate of 4.012%, down from 4.068% last week. 8-week, investment rate of 4.096%, down from 4.132% last week.

[Tipswatch @TipsWatch]

@paulrubillo I had a friend with a Toyota Avalon, a car you rarely see. Probably around a 2015. "Hey, this is really nice, what is this?" was my reaction.

[Tipswatch @TipsWatch]

It appears the U.S. Treasury market is now back to being the safe haven for turmoil in Europe.

[Tipswatch @TipsWatch]

Real yields are dropping fast this morning. Ahead of today's 5-year TIPS auction, the most recent 5-year is now yielding 2.45%, down about 7 basis points from yesterday. Lots of volatility pre-auction.

[Tipswatch @TipsWatch]

@MikeZaccardi Thanks for the shout-out. I will be posting a preview of the rate change on Sunday. The composite rate will end up being 5.4% to 5.5%, very attractive.

[Tipswatch @TipsWatch]

@SlithyToveGyre This TIPS auction is really hard to predict, but the result will end up being attractive.

[Tipswatch @TipsWatch]

Today's T-bill auction result: 17-week, investment rate of 4.271%, down from 4.313% last week.

[Tipswatch @TipsWatch]

@paulrubillo But let's not forget the unique quality of TIPS: https://t.co/mVlHOlPkAt

[Tipswatch @TipsWatch]

@MikeZaccardi @StockCharts Becoming a “value” stock?

[Tipswatch @TipsWatch]

@JMcClaflinEA I have benefited from this, BUT IT IS WRONG

[Tipswatch @TipsWatch]

National wealth tax? That is never going to happen. How about removing stepped-up basis and raising the Social Security taxable limit? Those would be easy ways to start. https://t.co/GCwLbCrxg4

[Tipswatch @TipsWatch]

Today's T-bill auction result: 6-week, investment rate of 4.049%, down from 4.055% last week.

[Tipswatch @TipsWatch]

Am I reading this right? Yikes!

[LiveSquawk @LiveSquawk]

US Pending Home Sales (M/M) Sep: -7.3% (est -0.5%; prev 0.3%)
- Pending Home Sales NSA (Y/Y): -12.6% (est -3.9%; prev -4.9%; prev R -4.7%)

[Tipswatch @TipsWatch]

@Claudia_Sahm Using credit card debt is highly positive!

[Tipswatch @TipsWatch]

@KenTumin I was working in a newsroom that day. A wild time. Compares only to the Challenger explosion.