The Treasury Department Thursday auctioned $14 billion of four-year four-month inflation-indexed notes with a 0.125% coupon, a negative 1.496% high yield, an adjusted price of 109.1835073.
Treasury 5-Year TIPs Go At Negative 1.496% High Yield
DEC 20, 2012 1:01pm ET
You must be registered to post a comment. Click here to register.
Already registered? Log in here
A recent phenomenon is the emergence of bonds with shorter call protection as funding alternatives for municipalities. However, the shorter call protection also dampens the potential upside for investors, which in turn reduces the price they are willing to pay.
the bond buyer conferences
May 1- 2, 2014Hyatt Regency, Baltimore, MD
The Roosevelt Hotel, New York, NY