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, as the most-recent auctionwas 1.985%. The bid-to-cover at 2.020x was light compared to the past six auctions at 2.36x on average.
Hence then, the article about us sells 10 year tips at 1 734 big tail was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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