US sells 10-year TIPS at 1.734% — big tail
If Stephen Miran gets his way and the Fed starts cutting 50 bps at every meeting, TIPS would get awfully attractive. The US just reopened 9-year, 10-month TIPS and sold them with a yield of 1.734% (plus inflation). That was a big tail of 4.6 basis points but comes after a significant rally in TIPS, […]
















