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Who's buying 5-year TIPS this month ?
Old 04-09-2007, 01:07 PM   #1
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Who's buying 5-year TIPS this month ?


I'm tempted, part of my grand scheme to put 10% or so of my egg
into a ladder of 5yr TIPS. But the YTM's are SO darn low, though
they've been creeping upwards (from 2% flat) for the last week or
two. I don't quite understand the YTMs at Bloomberg (2.13%
on price of 100.30, as I type). When I use the popup calculator
at http://www.moneychimp.com/articles/f.../fmbondytm.htm
I get abut 2.3% typing in the same numbers.

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Re: Who's buying 5-year TIPS this month ?
Old 04-09-2007, 01:12 PM   #2
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Re: Who's buying 5-year TIPS this month ?

Pass. Not enough yield. I will stick with ISM/OSM.
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Re: Who's buying 5-year TIPS this month ?
Old 04-09-2007, 01:42 PM   #3
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Re: Who's buying 5-year TIPS this month ?

Quote:
Originally Posted by RustyShackleford
I don't quite understand the YTMs at Bloomberg (2.13%
on price of 100.30, as I type). When I use the popup calculator
at http://www.moneychimp.com/articles/f.../fmbondytm.htm
I get abut 2.3% typing in the same numbers.
Remember, TIPS prices are quoted in 32nds, so 100-30 is 100.94, not 100.30. If you use 100.94 you will get 2.13% YTM.
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Re: Who's buying 5-year TIPS this month ?
Old 04-09-2007, 07:02 PM   #4
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Re: Who's buying 5-year TIPS this month ?

Quote:
Originally Posted by FIRE'd@51
Remember, TIPS prices are quoted in 32nds, so 100-30 is 100.94, not 100.30. If you use 100.94 you will get 2.13% YTM.
I can't remember, because I never knew. Duh. Thanks !

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