The US Treasury will auction off 5 year TIPS bond this week on April 18th and I already put my order to in acquire some for my bond portfolio. The bond is expected to have a real yield above 2 percent and will be inflation protected so it’s a good time to buy especially since the last inflation report came in hotter than expected.
Tipswatch
If you want to read more about the 5 Year TIPS bond, you can read it from one of my favorite bond sites, Tipswatch.com.
Dumping I-Bonds
My wife and I also dumped all of our I-Bonds. We got into I-Bonds when they were paying close to 9 percent but they have subsequently declined to the 4 range and we’d rather have that money sit in T-Bills paying over 5 percent than I-Bonds.
Bond Portfolio
These trades and changes are all about managing my bond portfolio and keeping it aligned with our goals and strategy. I’ll update my bond positions in a future post but for now, you can review the last update here.
Share The Wealth
Are you buying or selling any bonds? If so share the wealth and let me know in the comments.